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Income Tax - Highlights / Catch Notes

Home Highlights April 2021 Year 2021 This

Disallowing on account of expenses incurred in giving free ...


Free Samples of Veterinary Medicines: Business Expense for Sales Boost and Product Testing, Tax Deductible u/s 37.

April 16, 2021

Case Laws     Income Tax     AT

Disallowing on account of expenses incurred in giving free samples of veterinary medicines - In fact these expenses are incurred wholly and exclusively for the purpose of increasing the sale of the company by making these samples available to the end user and also studying the effect of those products on animal and birds. - Expenses cannot be disallowed - AT

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