https://www.taxtmi.com/caselaws?id=373051 The Tribunal partly allowed the appeal, permitting the deduction for excise duty on warranty goods and sending the issue of prior period expenditure back for reassessment. However, the disallowances of Share Issue Expenditure and expenditure on gifts were upheld due to insufficient evidence and lack of business justification. en-us Thu, 03 Jan 2019 00:00:00 +0530 Sat, 05 Jan 2019 13:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373051 The Tribunal partly allowed the appeal, permitting the deduction for excise duty on warranty goods and sending the issue of prior period expenditure back for reassessment. However, the disallowances of Share Issue Expenditure and expenditure on gifts were upheld due to insufficient evidence and lack of business justification. Case-Laws Income Tax Thu, 03 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373051