https://www.taxtmi.com/caselaws?id=57314 The Tribunal upheld the CIT(A)'s decisions, dismissing the Revenue's appeals. It confirmed the treatment of lease rent on trucks as partly revenue expenditure, allowed festival and anniversary expenses as business expenditures, and directed the AO to follow its earlier orders on lease charges paid to financiers. en-us Thu, 30 Jun 2005 00:00:00 +0530 Thu, 09 Dec 2010 15:33:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57314 The Tribunal upheld the CIT(A)'s decisions, dismissing the Revenue's appeals. It confirmed the treatment of lease rent on trucks as partly revenue expenditure, allowed festival and anniversary expenses as business expenditures, and directed the AO to follow its earlier orders on lease charges paid to financiers. Case-Laws Income Tax Thu, 30 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57314