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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Business promotion expenses - the expenses incurred by the ...

April 30, 2020

Case Laws     Income Tax     AT

Business promotion expenses - the expenses incurred by the assessee towards distribution of gold coins/certificates etc., for promoting its business through a promotional scheme is nothing but expenses incurred wholly and exclusively for the purpose of business.

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