https://www.taxtmi.com/highlights?id=57512 Disallowance of advertising expenditure - the deletion of the addition made by the A.O. qua expenditure incurred on advertising both by the CIT(A) and the Tribunal, to our minds, was in order. The extent of expenditure on advertising does not, in our view, decide as to whether the expenditure incurred is of a revenue nature or of a capital nature. - HC en-us Wed, 07 Apr 2021 13:51:17 +0530 Wed, 07 Apr 2021 13:51:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57512 Disallowance of advertising expenditure - the deletion of the addition made by the A.O. qua expenditure incurred on advertising both by the CIT(A) and the Tribunal, to our minds, was in order. The extent of expenditure on advertising does not, in our view, decide as to whether the expenditure incurred is of a revenue nature or of a capital nature. - HC Highlights Income Tax Wed, 07 Apr 2021 13:51:17 +0530 https://www.taxtmi.com/highlights?id=57512