https://www.taxtmi.com/caselaws?id=434829 The court upheld the decisions of the CIT(A) and ITAT across all issues, dismissing the tax appeal and emphasizing the importance of proper methodology and context-specific analysis in tax assessments. The court found no substantial questions of law in the revenue's raised issues, affirming the deletions of various additions and disallowances on expenses claimed by the assessee, including under Section 40(a)(ia) of the Income Tax Act and on account of interest, insurance, depreciation, petrol, repair, web designing, market survey, commercial film production, and advertisement film expenses. en-us Tue, 03 Jan 2023 00:00:00 +0530 Fri, 03 Mar 2023 13:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434829 The court upheld the decisions of the CIT(A) and ITAT across all issues, dismissing the tax appeal and emphasizing the importance of proper methodology and context-specific analysis in tax assessments. The court found no substantial questions of law in the revenue's raised issues, affirming the deletions of various additions and disallowances on expenses claimed by the assessee, including under Section 40(a)(ia) of the Income Tax Act and on account of interest, insurance, depreciation, petrol, repair, web designing, market survey, commercial film production, and advertisement film expenses. Case-Laws Income Tax Tue, 03 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434829