https://www.taxtmi.com/caselaws?id=382187 The court dismissed the Special Leave Petition challenging the findings on advertisement expenses. It upheld the consistency in decisions, including the allowability of advertisement expenditure as revenue expenditure based on previous Tribunal decisions and High Court precedents. The court found no merit in attempts to distinguish the case or differentiate types of advertisements. Ultimately, after considering all arguments and precedents, the court concluded that there was no justification for interference under Article 136 of the Constitution, leading to the dismissal of the petition. en-us Fri, 26 Apr 2019 00:00:00 +0530 Thu, 27 Jun 2019 07:39:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382187 The court dismissed the Special Leave Petition challenging the findings on advertisement expenses. It upheld the consistency in decisions, including the allowability of advertisement expenditure as revenue expenditure based on previous Tribunal decisions and High Court precedents. The court found no merit in attempts to distinguish the case or differentiate types of advertisements. Ultimately, after considering all arguments and precedents, the court concluded that there was no justification for interference under Article 136 of the Constitution, leading to the dismissal of the petition. Case-Laws Income Tax Fri, 26 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382187