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1. Search Case laws by Section / Act / Rule β now available beyond Income Tax. GST and Other Laws Available


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<h1>Foreign Buyer's Carpet Gift Not Ad Expense Under Income-tax Rules</h1> The High Court of Delhi ruled that the petitioner's expenditure on a gifted carpet to a foreign buyer did not qualify as an advertisement expense under ... Advertisement, Business Expenditure, Export Market Development Allowance, Weighted Deduction The High Court of Delhi held that the petitioner's claim for expenditure on a gifted carpet to a foreign buyer was not covered by rule 6B of the Income-tax Rules, as it was not an advertisement expense. Questions 2 and 3 regarding weighted deduction under section 35B and packing charges were referred to the court for interpretation.