ITAT Delhi Deletes MIS Marketing Expense Disallowance; Payments to Unrelated Parties Not Unreasonable

Zeta Buildtech Pvt. Ltd. Vs DCIT (ITAT Delhi) ITAT Delhi Deletes Disallowance of MIS Marketing Expenses – Payments to Unrelated Parties Cannot Be Disallowed as Unreasonable In Zeta Buildtech Pvt. Ltd. vs DCIT (AY 2020-21), the ITAT Delhi allowed the assessee’s appeal and deleted disallowances made towards internal audit/MIS, marketing and consultancy expenses. The AO had disallowed payments made to various service providers alleging lack of evidence and excessiveness of expenditure; however, the Tribunal noted that the services were rendered by independent and unrelated parties engaged for...