https://www.taxtmi.com/caselaws?id=70028 The Tribunal partially allowed the appeal in the case involving disallowance of miscellaneous expenditure and Dealers' Conference expenditure under the Income-tax Act, 1961. It found the estimates for miscellaneous expenditure excessive, reducing them by 50%. Regarding the Dealers' Conference expenditure, it determined the main purpose was sales promotion, not entertainment, directing the I.T.O. to disallow the sum under section 37(3A) as specified in sub-section (3B). The Tribunal emphasized the expenditure's sales promotion nature, despite some entertainment element, leading to the decision in favor of the assessee. en-us Mon, 27 Jul 1992 00:00:00 +0530 Wed, 13 Apr 2011 15:19:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70028 The Tribunal partially allowed the appeal in the case involving disallowance of miscellaneous expenditure and Dealers' Conference expenditure under the Income-tax Act, 1961. It found the estimates for miscellaneous expenditure excessive, reducing them by 50%. Regarding the Dealers' Conference expenditure, it determined the main purpose was sales promotion, not entertainment, directing the I.T.O. to disallow the sum under section 37(3A) as specified in sub-section (3B). The Tribunal emphasized the expenditure's sales promotion nature, despite some entertainment element, leading to the decision in favor of the assessee. Case-Laws Income Tax Mon, 27 Jul 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70028