https://www.taxtmi.com/caselaws?id=9817 The court ruled in favor of the appellant, a company, in a dispute over the disallowance of expenses for presentation articles under rule 6B of the Income-tax Rules, 1962. The court found that the articles, bearing the company's name and given as gifts to business associates, were not intended for advertisement purposes but as gestures of courtesy. It held that the mere presence of the company's name did not automatically classify the expenses as advertising, emphasizing the distinction between gifts and advertising expenses. The court concluded that the expenses were not subject to disallowance as they did not meet the criteria for advertisement under the tax laws. en-us Fri, 21 Jul 2006 00:00:00 +0530 Tue, 14 Jun 2011 04:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9817 The court ruled in favor of the appellant, a company, in a dispute over the disallowance of expenses for presentation articles under rule 6B of the Income-tax Rules, 1962. The court found that the articles, bearing the company's name and given as gifts to business associates, were not intended for advertisement purposes but as gestures of courtesy. It held that the mere presence of the company's name did not automatically classify the expenses as advertising, emphasizing the distinction between gifts and advertising expenses. The court concluded that the expenses were not subject to disallowance as they did not meet the criteria for advertisement under the tax laws. Case-Laws Income Tax Fri, 21 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9817