https://www.taxtmi.com/caselaws?id=276224 The Tribunal ruled in favor of the assessee, directing the assessing officer to delete the ad hoc disallowance of business promotion expenses for AY 2012-13. The decision emphasized the lack of discrepancy in the assessee's books of accounts and the absence of concrete evidence to support the disallowance. The Tribunal concluded that the expenses were solely for business purposes, leading to the allowance of the appeal. en-us Fri, 15 Dec 2017 00:00:00 +0530 Fri, 02 Nov 2018 13:43:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276224 The Tribunal ruled in favor of the assessee, directing the assessing officer to delete the ad hoc disallowance of business promotion expenses for AY 2012-13. The decision emphasized the lack of discrepancy in the assessee's books of accounts and the absence of concrete evidence to support the disallowance. The Tribunal concluded that the expenses were solely for business purposes, leading to the allowance of the appeal. Case-Laws Income Tax Fri, 15 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276224