https://www.taxtmi.com/caselaws?id=55428 Unpaid statutory liabilities were treated as deductible only on actual payment under section 43B, so the excise duty claim failed for the years in question. Advertisement spend linked to disposal of old machinery was held outside the mischief of promotional disallowance and was allowed. Bank guarantee commission, stamp charges, and intercom system costs required factual bifurcation and verification, with partial investment allowance available where the asset was eligible. Advance lease rent was not fully deductible because it secured a long-term advantage, while expenditure for authorised capital increase and bonus share issues was treated as revenue. A quantified hank yarn packing obligation was also allowed as an ascertainable deduction. en-us Mon, 24 Jun 1985 00:00:00 +0530 Sat, 27 Nov 2010 10:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55428 Unpaid statutory liabilities were treated as deductible only on actual payment under section 43B, so the excise duty claim failed for the years in question. Advertisement spend linked to disposal of old machinery was held outside the mischief of promotional disallowance and was allowed. Bank guarantee commission, stamp charges, and intercom system costs required factual bifurcation and verification, with partial investment allowance available where the asset was eligible. Advance lease rent was not fully deductible because it secured a long-term advantage, while expenditure for authorised capital increase and bonus share issues was treated as revenue. A quantified hank yarn packing obligation was also allowed as an ascertainable deduction. Case-Laws Income Tax Mon, 24 Jun 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55428