https://www.taxtmi.com/caselaws?id=468370 Blanket capitalization of advertisement, publicity and sales promotion es on an ad hoc basis was held unsustainable where there was no concrete material showing creation of a capital asset or any legally acceptable basis for treating the outlay as capital; the disallowance was deleted. On delayed deposit of employees' provident fund contributions, the timing and correctness of individual payments required record verification, so the matter was remanded to the Assessing Officer for fresh examination and limited relief was granted for statistical purposes. en-us Sun, 09 Jun 2024 00:00:00 +0530 Fri, 01 May 2026 22:16:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468370 Blanket capitalization of advertisement, publicity and sales promotion es on an ad hoc basis was held unsustainable where there was no concrete material showing creation of a capital asset or any legally acceptable basis for treating the outlay as capital; the disallowance was deleted. On delayed deposit of employees' provident fund contributions, the timing and correctness of individual payments required record verification, so the matter was remanded to the Assessing Officer for fresh examination and limited relief was granted for statistical purposes. Case-Laws Income Tax Sun, 09 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468370