Expenses w.r.t promotion for brand Snapdeal are revenue in nature


Last updated: 28 January 2022

Court :
ITAT Delhi

Brief :
The Hon'ble Delhi Income Tax Appellate Tribunal in Additional Commissioner of Income Tax, New Delhi v. M/S Jasper Infotech Private Limited [ITA No 2605/Del/2017 (Assessment Year: 2012-2013) dated November 10, 2021] held that expenses involved for promotion of a brand ‘Snapdeal’ is purely revenue in nature in absence of any contrary evidence.

Citation :
ITA No 2605/Del/2017 (Assessment Year: 2012-2013) dated November 10, 2021

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Bimal Jain
Published in Income Tax
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