https://www.taxtmi.com/caselaws?id=362294 The Tribunal partly allowed the appeal for statistical purposes, restoring certain issues to the Assessing Officer for re-examination. The Tribunal decided in favor of the assessee on various issues, including treating building repair and internet marketing expenses as revenue expenditure instead of capital expenditure, disallowance of excessive interest under Section 40A(2)(b), disallowance of watch and ward expenses, and ad-hoc disallowance of certain expenses as personal in nature. The Tribunal deleted the disallowances and allowed the appeal in these instances. en-us Wed, 20 Jun 2018 00:00:00 +0530 Fri, 22 Jun 2018 09:01:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362294 The Tribunal partly allowed the appeal for statistical purposes, restoring certain issues to the Assessing Officer for re-examination. The Tribunal decided in favor of the assessee on various issues, including treating building repair and internet marketing expenses as revenue expenditure instead of capital expenditure, disallowance of excessive interest under Section 40A(2)(b), disallowance of watch and ward expenses, and ad-hoc disallowance of certain expenses as personal in nature. The Tribunal deleted the disallowances and allowed the appeal in these instances. Case-Laws Income Tax Wed, 20 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362294