https://www.taxtmi.com/caselaws?id=233830 The court ruled in favor of the assessee, holding that the expenditure incurred through another company for sales promotion qualified for exemption under Section 37(3B)(iv) of the Income Tax Act, 1961. The court emphasized that the legislative intent was to allow necessary business expenses and not curb legitimate expenditures. The judgment highlighted the broad interpretation of the term "any office" to include offices maintained by entities on behalf of the assessee. Additionally, the court rejected the application of disallowance under Section 37(2A), affirming that the expenses were allowable under Section 37 of the Act. en-us Thu, 09 May 2013 00:00:00 +0530 Thu, 11 Jul 2013 17:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233830 The court ruled in favor of the assessee, holding that the expenditure incurred through another company for sales promotion qualified for exemption under Section 37(3B)(iv) of the Income Tax Act, 1961. The court emphasized that the legislative intent was to allow necessary business expenses and not curb legitimate expenditures. The judgment highlighted the broad interpretation of the term "any office" to include offices maintained by entities on behalf of the assessee. Additionally, the court rejected the application of disallowance under Section 37(2A), affirming that the expenses were allowable under Section 37 of the Act. Case-Laws Income Tax Thu, 09 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233830