https://www.taxtmi.com/caselaws?id=272630 The High Court upheld the Tribunal's decision regarding the advertisement expenditure, ruling that the transaction was not covered under Section 194C. The Court also affirmed the Tribunal's finding on the inapplicability of Circular No.715 and upheld the deletion of the addition under Section 40(a)(ia) of the Income Tax Act for the assessment year 2006-2007. As a result, the Court dismissed the appeal without any costs. en-us Tue, 20 Aug 2013 00:00:00 +0530 Thu, 10 May 2018 10:17:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272630 The High Court upheld the Tribunal's decision regarding the advertisement expenditure, ruling that the transaction was not covered under Section 194C. The Court also affirmed the Tribunal's finding on the inapplicability of Circular No.715 and upheld the deletion of the addition under Section 40(a)(ia) of the Income Tax Act for the assessment year 2006-2007. As a result, the Court dismissed the appeal without any costs. Case-Laws Income Tax Tue, 20 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272630