https://www.taxtmi.com/caselaws?id=294517 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of scheme expenses totaling Rs. 8,32,75,381, incurred for mutual fund promotion under a contractual obligation, as allowable u/s 37(1) of the Act. Additionally, the Tribunal remanded the issue of disallowance of Rs. 4,06,140 on account of leave encashment back to the Assessing Officer for reconsideration, partly allowing the Revenue's appeal for statistical purposes. en-us Fri, 05 Aug 2011 00:00:00 +0530 Mon, 19 Apr 2021 13:22:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294517 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of scheme expenses totaling Rs. 8,32,75,381, incurred for mutual fund promotion under a contractual obligation, as allowable u/s 37(1) of the Act. Additionally, the Tribunal remanded the issue of disallowance of Rs. 4,06,140 on account of leave encashment back to the Assessing Officer for reconsideration, partly allowing the Revenue's appeal for statistical purposes. Case-Laws Income Tax Fri, 05 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294517