https://www.taxtmi.com/caselaws?id=372436 The Tribunal partly allowed the assessee's appeal, directing the deletion of the addition under Section 41(1) of the Income Tax Act. The disallowance of sales promotion expenses was upheld. The revenue's appeal was dismissed, confirming that the rental income from warehousing activities should be classified as business income and there was no violation of Rule 46A of the Income Tax Rules. en-us Wed, 19 Dec 2018 00:00:00 +0530 Sat, 22 Dec 2018 08:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372436 The Tribunal partly allowed the assessee's appeal, directing the deletion of the addition under Section 41(1) of the Income Tax Act. The disallowance of sales promotion expenses was upheld. The revenue's appeal was dismissed, confirming that the rental income from warehousing activities should be classified as business income and there was no violation of Rule 46A of the Income Tax Rules. Case-Laws Income Tax Wed, 19 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372436