9911796707
TMI Blog2002 (1) TMI 55X X X X Extracts X X X X X X X X Extracts X X X X ..... Income-tax Tribunal has referred the following three questions for the opinion of this court: "1. Whether, on the facts and circumstances of the case, the Income-tax Appellate Tribunal was right in law in having disallowed the assessee's claim of weighted deduction under section 35B(1)(b)(viii) on the expenditure incurred by it on air, sea and railway freight, etc., by relying on the decision of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tions have been referred for the opinion of this court does not press questions Nos. 1 and 2. Resultantly, these questions are answered against the assessee. So far as question No. 3 is concerned, it has been alleged by counsel that the publications in the souvenir with the remarks-"with best wishes from" or "with best compliments from" the "assessee" amounted to an expense on advertisement and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... enses and, therefore, cannot be allowed". After hearing counsel for the parties, we are satisfied that the claim as made by the assessee was tenable. The expense was for advertisement of the assessee-firm. It was rightly allowed by the Commissioner. The Tribunal was wrong in taking the view that the allotment of pages was only to satisfy the ego of certain persons. No such material has been poin ..... X X X X Extracts X X X X X X X X Extracts X X X X
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