https://www.taxtmi.com/caselaws?id=762327 ITAT Delhi dismissed the revenue's appeal regarding disallowance of excess production and broadcasting fees. The assessee was allowed production and broadcasting fees at 15.70% rate. AO objected only to the timing of agreement filing before CIT(A) rather than during assessment proceedings, without challenging the expense's merits. CIT(A) deleted the disallowance finding no violation of Rule 46A, as the assessee had insufficient time to submit the agreement during assessment. ITAT upheld CIT(A)'s decision, confirming the allowability of the expenses. en-us Wed, 27 Nov 2024 00:00:00 +0530 Fri, 29 Nov 2024 08:16:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762327 ITAT Delhi dismissed the revenue's appeal regarding disallowance of excess production and broadcasting fees. The assessee was allowed production and broadcasting fees at 15.70% rate. AO objected only to the timing of agreement filing before CIT(A) rather than during assessment proceedings, without challenging the expense's merits. CIT(A) deleted the disallowance finding no violation of Rule 46A, as the assessee had insufficient time to submit the agreement during assessment. ITAT upheld CIT(A)'s decision, confirming the allowability of the expenses. Case-Laws Income Tax Wed, 27 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762327