1989 (1) TMI 8 - HC - Income Tax

Summary

The High Court of Andhra Pradesh was asked to provide an opinion on whether certain expenditures for distributing free note books and placing gift coupons in products for sales promotion were allowable deductions under the Income-tax Act, 1961. The Tribunal did not make a clear decision on the matter, so the Court requested the Tribunal to provide a factual finding on whether the expenditures qualified as sales promotion expenses.