https://www.taxtmi.com/caselaws?id=299328 The Tribunal's decision to disallow expenses on advertisement, publicity, and sales promotions was upheld by the Appellate Court. The penalty for not deducting tax at source on certain expenses was deemed unwarranted by the Tribunal. The deduction for writing off advance was allowed when claimed before the appellate authority. The treatment of the amount written off in a joint venture agreement as revenue expenditure was supported by the Court. Unclaimed salary, wages, and depreciation expenses were upheld by the appellate bodies, leading to the dismissal of the appeal and stay petition. en-us Mon, 23 Jul 2018 00:00:00 +0530 Fri, 10 Dec 2021 08:34:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299328 The Tribunal's decision to disallow expenses on advertisement, publicity, and sales promotions was upheld by the Appellate Court. The penalty for not deducting tax at source on certain expenses was deemed unwarranted by the Tribunal. The deduction for writing off advance was allowed when claimed before the appellate authority. The treatment of the amount written off in a joint venture agreement as revenue expenditure was supported by the Court. Unclaimed salary, wages, and depreciation expenses were upheld by the appellate bodies, leading to the dismissal of the appeal and stay petition. Case-Laws Income Tax Mon, 23 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299328