https://www.taxtmi.com/caselaws?id=402346 The Tribunal partly allowed the appeal, directing the AO to re-examine certain issues and allowing specific claims as business expenditure while rejecting others. The Tribunal emphasized the principles of revenue recognition, commercial expediency, and the nature of payments in determining the allowability of deductions. en-us Tue, 08 Dec 2020 00:00:00 +0530 Tue, 29 Dec 2020 21:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402346 The Tribunal partly allowed the appeal, directing the AO to re-examine certain issues and allowing specific claims as business expenditure while rejecting others. The Tribunal emphasized the principles of revenue recognition, commercial expediency, and the nature of payments in determining the allowability of deductions. Case-Laws Income Tax Tue, 08 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402346