https://www.taxtmi.com/caselaws?id=250734 The High Court dismissed the appeals challenging the disallowances of advertisement and sales promotion expenses, assets written off, receivables, car expenses, and depreciation. The appellant failed to provide adequate evidence to justify the expenses as wholly and exclusively for business purposes. The Court upheld the lower authorities' decisions, ruling that the findings were based on material evidence and no errors were demonstrated by the appellant. Consequently, the appeals were deemed meritless and were dismissed. en-us Tue, 04 Feb 2014 00:00:00 +0530 Sat, 23 Aug 2014 08:52:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250734 The High Court dismissed the appeals challenging the disallowances of advertisement and sales promotion expenses, assets written off, receivables, car expenses, and depreciation. The appellant failed to provide adequate evidence to justify the expenses as wholly and exclusively for business purposes. The Court upheld the lower authorities' decisions, ruling that the findings were based on material evidence and no errors were demonstrated by the appellant. Consequently, the appeals were deemed meritless and were dismissed. Case-Laws Income Tax Tue, 04 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250734