Assessee Fails to Justify Sales Promotion Expenses u/s 37(1) of Income Tax Act, Lacks Required Documentation.

Assessee Fails to Justify Sales Promotion Expenses u/s 37(1) of Income Tax Act, Lacks Required Documentation. https://www.taxtmi.com/highlights?id=25589 Sales promotion expenses - assessee has failed to furnish any bills or any details or break-up of the expenditure - As per 37(1), onus is upon the assessee to establish that the said expenditure has been incurred for carrying on its business. - AT en-us Wed, 28 Oct 2015 12:39:51 +0530 Wed, 28 Oct 2015 12:39:51 +0530 TaxTMI RSS Generator Assessee Fails to Justify Sales Promotion Expenses u/s 37(1) of Income Tax Act, Lacks Required Documentation. https://www.taxtmi.com/highlights?id=25589 Sales promotion expenses - assessee has failed to furnish any bills or any details or break-up of the expenditure - As per 37(1), onus is upon the assessee to establish that the said expenditure has been incurred for carrying on its business. - AT Highlights Income Tax Wed, 28 Oct 2015 12:39:51 +0530 https://www.taxtmi.com/highlights?id=25589