https://www.taxtmi.com/caselaws?id=426506 The Tribunal allowed depreciation on the brand value, construction expenses, and restricted disallowance of expenses related to exempt income. It deleted additions for profit shifting to the sister concern, confirmed disallowance of foreign tour expenses, and quashed the revision order by the PCIT. en-us Fri, 05 Aug 2022 00:00:00 +0530 Thu, 18 Aug 2022 17:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426506 The Tribunal allowed depreciation on the brand value, construction expenses, and restricted disallowance of expenses related to exempt income. It deleted additions for profit shifting to the sister concern, confirmed disallowance of foreign tour expenses, and quashed the revision order by the PCIT. Case-Laws Income Tax Fri, 05 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426506