https://www.taxtmi.com/caselaws?id=276179 The Tribunal dismissed the Revenue's appeals challenging the disallowance of advertisement expenditure for various assessment years. The Tribunal upheld the Ld. CIT(A)'s decision to delete the additions, citing precedents and emphasizing that the expenses were incurred for business purposes. The High Court affirmed the Tribunal's decision, stating that the assessee had the right to promote its products as deemed fit. The Tribunal concluded that the disallowance lacked merit, as settled by the High Court's judgment, and dismissed the departmental appeals, highlighting the importance of legal precedents and High Court decisions in resolving such disputes. en-us Thu, 24 Aug 2017 00:00:00 +0530 Thu, 01 Nov 2018 13:50:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276179 The Tribunal dismissed the Revenue's appeals challenging the disallowance of advertisement expenditure for various assessment years. The Tribunal upheld the Ld. CIT(A)'s decision to delete the additions, citing precedents and emphasizing that the expenses were incurred for business purposes. The High Court affirmed the Tribunal's decision, stating that the assessee had the right to promote its products as deemed fit. The Tribunal concluded that the disallowance lacked merit, as settled by the High Court's judgment, and dismissed the departmental appeals, highlighting the importance of legal precedents and High Court decisions in resolving such disputes. Case-Laws Income Tax Thu, 24 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276179