Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Expenditure towards brand reminder, customer gifts, purchase of medical books and journals not allowable u/s 37(1)

ITAT Mumbai held that expenditure towards brand reminder, customer gifts, purchase of medical books and journals is not allowable expenditure u/s 37(1) of the Income Tax Act as such expenses are in the nature of free bees and prohibited.

The post Expenditure towards brand reminder, customer gifts, purchase of medical books and journals not allowable u/s 37(1) appeared first on TaxGuru.



This post first appeared on Tax Guru, please read the originial post: here

Share the post

Expenditure towards brand reminder, customer gifts, purchase of medical books and journals not allowable u/s 37(1)

×

Subscribe to Tax Guru

Get updates delivered right to your inbox!

Thank you for your subscription

×