Discussion on Section 153C of Income Tax Act: No restriction on advertising and brand building expenses u/s 40A(2).

Discussion on Section 153C of Income Tax Act: No restriction on advertising and brand building expenses u/s 40A(2). https://www.taxtmi.com/highlights?id=20805 Proceedings u/s 153C – Section 40A(2) of the Act has not been invoked and there is no provision which stipulates that advertisement and brand building expenses could be restricted or partly allowed - HC en-us Thu, 27 Nov 2014 08:14:31 +0530 Thu, 27 Nov 2014 08:14:31 +0530 TaxTMI RSS Generator Discussion on Section 153C of Income Tax Act: No restriction on advertising and brand building expenses u/s 40A(2). https://www.taxtmi.com/highlights?id=20805 Proceedings u/s 153C – Section 40A(2) of the Act has not been invoked and there is no provision which stipulates that advertisement and brand building expenses could be restricted or partly allowed - HC Highlights Income Tax Thu, 27 Nov 2014 08:14:31 +0530 https://www.taxtmi.com/highlights?id=20805