https://www.taxtmi.com/circulars?id=8341 Expenditure on advertisements in souvenirs is allowable in full if laid out wholly and exclusively for business. Rule 6B does not bar such allowance so long as the business-purpose test is met. Payments that are donations in the guise of advertisement expenses are inadmissible as business deductions but may be considered for relief under the statutory provisions governing charitable donations if they satisfy those conditions. en-us Fri, 13 Jun 1969 00:00:00 +0530 Thu, 02 Dec 2010 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8341 Expenditure on advertisements in souvenirs is allowable in full if laid out wholly and exclusively for business. Rule 6B does not bar such allowance so long as the business-purpose test is met. Payments that are donations in the guise of advertisement expenses are inadmissible as business deductions but may be considered for relief under the statutory provisions governing charitable donations if they satisfy those conditions. Circulars Income Tax Fri, 13 Jun 1969 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8341