https://www.taxtmi.com/caselaws?id=284449 The ITAT upheld the CIT(A)'s decision in allowing the interest paid on late service-tax deposit as a deduction, considering it compensatory and similar to service-tax. Additionally, the ITAT confirmed the treatment of trade mark expenses as revenue expenditure, finding no enduring benefit to the assessee from obtaining a logo for specific trade fairs. Consequently, the appeal of the Revenue and the cross-objection of the assessee were dismissed. en-us Mon, 14 Dec 2009 00:00:00 +0530 Thu, 24 Aug 2023 15:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284449 The ITAT upheld the CIT(A)'s decision in allowing the interest paid on late service-tax deposit as a deduction, considering it compensatory and similar to service-tax. Additionally, the ITAT confirmed the treatment of trade mark expenses as revenue expenditure, finding no enduring benefit to the assessee from obtaining a logo for specific trade fairs. Consequently, the appeal of the Revenue and the cross-objection of the assessee were dismissed. Case-Laws Income Tax Mon, 14 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284449