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Income Tax - Highlights / Catch Notes

Home Highlights August 2021 Year 2021 This

Whether sales promotion expenditure was incurred wholly and ...


Court Confirms Additions Against Assessee for Unsubstantiated Sales Promotion Expenses on Employee Trip to Sri Lanka.

August 14, 2021

Case Laws     Income Tax     AT

Whether sales promotion expenditure was incurred wholly and exclusively for the purpose of business? - The assessee submitted list of 320 persons stating that they are employees of the assessee company and went to Sri Lanka to launch the product of the company. - Assessee failed to prove its case - additions confirmed - AT

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