FBT - gift - 'Sales Promotion and Publicity' - the expenditure ...

Gifts under 'Sales Promotion and Publicity' not considered trade schemes per section 115WB(2)(O) of Income Tax Act.

January 6, 2012

Case Laws Income Tax AT

FBT - gift - 'Sales Promotion and Publicity' - the expenditure on gifts could not be treated as trade scheme or for promotion of company's product as per clause O of sub-section 2 of section 115WB..... - AT

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FBT - gift - 'Sales Promotion and Publicity' - the expenditure ...

Gifts under 'Sales Promotion and Publicity' not considered trade schemes per section 115WB(2)(O) of Income Tax Act.

January 6, 2012

Case Laws Income Tax AT

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