The Battle for Brand Awareness: Snapdeal Ltd vs ACIT

ACIT Vs Snapdeal Ltd. (ITAT Delhi)

This case involves a dispute between the Indian Revenue Department and Snapdeal Ltd., an online marketplace company, regarding the tax treatment of specific expenses incurred by the company during the Assessment Year 2017-18. The key issue revolves around whether certain business promotion, advertisement, and publicity expenses can be considered capital expenditures or should be treated as revenue expenditures.

Facts of the Case

During the assessment proceedings, the Assessing Officer (AO) noted that

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