1993 (4) TMI 323

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.... the assessee for establishment of laboratory to test photographs gelatins. The learned counsel for the assessee submitted that the said expenditure should be allowed as a revenue expenditure and in the alternative depreciation ought to have been allowed thereof. The learned Departmental Representative supported the order of the CIT(A). 2. After considering the rival submissions, we are of the ....

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..... The learned Departmental Representative relied on the reasons recorded in the orders of the ITO and the CIT(A). 5. In our view the contention of the assessee deserves to be accepted. We have perused the details of such advertisement expenses appearing at pages 11 to 13 of the paper book. It gives complete details of the parties to whom such advertisement charges have been paid and also contai....

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....In view of the elaborate reasons given in the said order, the ITO is directed to delete the addition of Rs. 52,912. 7. The last ground relates to disallowance out of foreign tour expenses to the extent of Rs. 20,000. The learned counsel for the assessee invited our attention towards the details of such expenses placed at pp. 14 to 21 of the paper book. It was pointed out that once the CIT(A) ha....

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.... relied on the reasons mentioned in the orders of the Departmental authorities. 9. In our view, the contention of the assessee appears to be correct and justified. A perusal of the details of foreign travelling expenses reveal that a major part of the expenditure relates to expenses for ticket and the expenses incurred during such tour to various countries. Copies of tour reports give datawise ....