1994 (10) TMI 47 - HC - Income Tax

Business Expenditure Expenditure On Sales Promotion Income Tax Act Investment Allowance Question Of Law

Summary

The Kerala High Court held that commission payments to representatives for procuring orders are not sales promotion expenses under section 37(3A) of the Income-tax Act, 1961. The court directed the Income-tax Appellate Tribunal to refer the question of whether the assessee is entitled to investment allowance under section 32A of the Act.