Disallowance of business promotion expenses - ad-hock ...

Court Rules 30% Business Promotion Expense Disallowance Unsustainable Due to Lack of Inquiry and Evidence.

March 20, 2019

Case Laws Income Tax AT

Disallowance of business promotion expenses - ad-hock disallowane @ 30% - no enquiry whatsoever from the parties to whom the said expenses were paid by the assessee - no instance to show any unverifiable element involved in the business promotion expenses - adhoc disallowance not sustainable.

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Disallowance of business promotion expenses - ad-hock ...

Court Rules 30% Business Promotion Expense Disallowance Unsustainable Due to Lack of Inquiry and Evidence.

March 20, 2019

Case Laws Income Tax AT

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