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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Expenditure incurred on sponsorship & other expenses of Polo ...

Case Laws     Income Tax

July 5, 2012

Expenditure incurred on sponsorship & other expenses of Polo tournament - there was no business benefits to the assessee by making such expenditure on advertisement. - treated as personal expenditure - AT

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