https://www.taxtmi.com/caselaws?id=248604 Section 40(a)(ia) relief was sustained for business promotion expenses already reflected as rebates, supported by e-TDS records, or covered by exemption under section 197(1)(a); only the newly raised bad-debt component was left for verification because it had not been examined earlier. Travel-insurance commission was held to accrue on commencement of the policy and journey, not on mere sale of the policy, where cancellation of travel also cancelled cover, so the addition was deleted. Reimbursement of group-company expenses was not subject to ad hoc disallowance because the allocation was pre-determined, partly on actuals and rational bases, and the arrangement was revenue-neutral. en-us Wed, 11 Jun 2014 00:00:00 +0530 Tue, 17 Jun 2014 23:20:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248604 Section 40(a)(ia) relief was sustained for business promotion expenses already reflected as rebates, supported by e-TDS records, or covered by exemption under section 197(1)(a); only the newly raised bad-debt component was left for verification because it had not been examined earlier. Travel-insurance commission was held to accrue on commencement of the policy and journey, not on mere sale of the policy, where cancellation of travel also cancelled cover, so the addition was deleted. Reimbursement of group-company expenses was not subject to ad hoc disallowance because the allocation was pre-determined, partly on actuals and rational bases, and the arrangement was revenue-neutral. Case-Laws Income Tax Wed, 11 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248604