Sum paid to 'Deloitte' for use of brand name in order to attract more business was allowable as deduction

INCOME TAX: Where in case of assessee, engaged in business of providing diverse consultancy services, Assessing Officer opined that unbilled portion of work relating to various projects executed during relevant previous year was required to be accounted for by assessee as work-in-progress, in view of fact that amount in question had already been offered as income by assessee in subsequent assessment year, and, thus, there being no loss of revenue, impugned addition made in relevant assessment ye

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