https://www.taxtmi.com/caselaws?id=77065 The Court upheld the Tribunal's decision on disallowance of expenditure on articles without logo for business promotion, citing minimal tax effect and precedent. Rent paid to PSICC was deemed disallowable under Section 30 following a Supreme Court decision. The deduction of 50% entertainment expenses was allowed, as per the Tribunal's decision and Supreme Court precedent. The appeal was disposed of in favor of the respondent-assessee, maintaining consistency with previous judgments. en-us Mon, 26 Apr 2010 00:00:00 +0530 Fri, 13 Aug 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77065 The Court upheld the Tribunal's decision on disallowance of expenditure on articles without logo for business promotion, citing minimal tax effect and precedent. Rent paid to PSICC was deemed disallowable under Section 30 following a Supreme Court decision. The deduction of 50% entertainment expenses was allowed, as per the Tribunal's decision and Supreme Court precedent. The appeal was disposed of in favor of the respondent-assessee, maintaining consistency with previous judgments. Case-Laws Income Tax Mon, 26 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77065