https://www.taxtmi.com/caselaws?id=332921 The Tribunal allowed the assessee's appeal, reversing the disallowance of Rs. 1,07,11,630 as business expenditure and the addition of Rs. 2,25,617 based on AIR data. The judgment emphasized the necessity of these expenditures for business promotion and maintaining goodwill among members, aligning with the principles laid out in relevant case laws. en-us Wed, 17 Aug 2016 00:00:00 +0530 Thu, 29 Sep 2016 08:55:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332921 The Tribunal allowed the assessee's appeal, reversing the disallowance of Rs. 1,07,11,630 as business expenditure and the addition of Rs. 2,25,617 based on AIR data. The judgment emphasized the necessity of these expenditures for business promotion and maintaining goodwill among members, aligning with the principles laid out in relevant case laws. Case-Laws Income Tax Wed, 17 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332921