https://www.taxtmi.com/caselaws?id=66006 The Tribunal upheld the Commissioner (Appeals) decision, allowing the advertising expenditures claimed by the assessee as genuine business expenditures. The Tribunal also rejected the disallowance under section 40A(5) for both assessment years, citing lack of conclusive evidence of havala transactions and emphasizing the genuineness of the advertising expenditures. en-us Mon, 22 Sep 1986 00:00:00 +0530 Sat, 19 Feb 2011 17:51:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66006 The Tribunal upheld the Commissioner (Appeals) decision, allowing the advertising expenditures claimed by the assessee as genuine business expenditures. The Tribunal also rejected the disallowance under section 40A(5) for both assessment years, citing lack of conclusive evidence of havala transactions and emphasizing the genuineness of the advertising expenditures. Case-Laws Income Tax Mon, 22 Sep 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66006