https://www.taxtmi.com/caselaws?id=59071 The appeal was allowed in part, granting relief to the assessee on various grounds. The Tribunal upheld the deletion of Rs. 67,668 from the credit balance written back amount, allowed Rs. 21,06,69,741 as promotional expenses deduction, remanded the issue of foreign corporate taxes for further adjudication, upheld weighted deductions on various expenditures, and allowed the deduction of Rs. 6,93,065 representing the loss of the foreign-based company. The decisions were based on legal principles and precedents, ensuring a fair resolution of the disputes. en-us Mon, 17 Jul 1989 00:00:00 +0530 Thu, 23 Dec 2010 17:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59071 The appeal was allowed in part, granting relief to the assessee on various grounds. The Tribunal upheld the deletion of Rs. 67,668 from the credit balance written back amount, allowed Rs. 21,06,69,741 as promotional expenses deduction, remanded the issue of foreign corporate taxes for further adjudication, upheld weighted deductions on various expenditures, and allowed the deduction of Rs. 6,93,065 representing the loss of the foreign-based company. The decisions were based on legal principles and precedents, ensuring a fair resolution of the disputes. Case-Laws Income Tax Mon, 17 Jul 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59071