https://www.taxtmi.com/caselaws?id=757585 ITAT DELHI allowed several claims by the assessee while dismissing one ground. The tribunal deleted TP adjustments on export commission and royalty payments, following its own precedents. Signage expenses and sales tools expenses were allowed as revenue expenditure based on SC and coordinate bench decisions. Royalty capitalization was decided in favor of the assessee following consistent tribunal views. However, education cess deduction was denied following SC precedent and retrospective statutory amendment. Two issues regarding DDT refund and technical know-how expenses were restored to AO for fresh adjudication on merits. en-us Mon, 05 Feb 2024 00:00:00 +0530 Tue, 04 Mar 2025 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757585 ITAT DELHI allowed several claims by the assessee while dismissing one ground. The tribunal deleted TP adjustments on export commission and royalty payments, following its own precedents. Signage expenses and sales tools expenses were allowed as revenue expenditure based on SC and coordinate bench decisions. Royalty capitalization was decided in favor of the assessee following consistent tribunal views. However, education cess deduction was denied following SC precedent and retrospective statutory amendment. Two issues regarding DDT refund and technical know-how expenses were restored to AO for fresh adjudication on merits. Case-Laws Income Tax Mon, 05 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757585