Polo Tournament Sponsorship Deemed Personal Expenses, No Business Benefits Found for Assessee.

Polo Tournament Sponsorship Deemed Personal Expenses, No Business Benefits Found for Assessee. https://www.taxtmi.com/highlights?id=4279 Expenditure incurred on sponsorship & other expenses of Polo tournament - there was no business benefits to the assessee by making such expenditure on advertisement. - treated as personal expenditure - AT en-us Thu, 05 Jul 2012 10:14:21 +0530 Thu, 05 Jul 2012 10:14:21 +0530 TaxTMI RSS Generator Polo Tournament Sponsorship Deemed Personal Expenses, No Business Benefits Found for Assessee. https://www.taxtmi.com/highlights?id=4279 Expenditure incurred on sponsorship & other expenses of Polo tournament - there was no business benefits to the assessee by making such expenditure on advertisement. - treated as personal expenditure - AT Highlights Income Tax Thu, 05 Jul 2012 10:14:21 +0530 https://www.taxtmi.com/highlights?id=4279