https://www.taxtmi.com/caselaws?id=458244 The Tribunal dismissed all appeals from both Revenue and the assessee, affirming the CIT(A)'s orders. It upheld the allowance of sales promotion expenses, emphasizing commercial expediency and consistency, as similar expenses were previously allowed. The Tribunal also upheld the deduction under Section 80IA, agreeing that leasing does not constitute a transfer, thus not violating statutory conditions. en-us Fri, 10 Feb 2006 00:00:00 +0530 Thu, 17 Oct 2024 17:02:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458244 The Tribunal dismissed all appeals from both Revenue and the assessee, affirming the CIT(A)'s orders. It upheld the allowance of sales promotion expenses, emphasizing commercial expediency and consistency, as similar expenses were previously allowed. The Tribunal also upheld the deduction under Section 80IA, agreeing that leasing does not constitute a transfer, thus not violating statutory conditions. Case-Laws Income Tax Fri, 10 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458244