https://www.taxtmi.com/caselaws?id=16128 The court ruled against the Revenue in disallowing Rs. 1,07,570 as advertisement expenditure, holding that the presentation of silver boxes to dealers did not constitute advertisement. The court favored the Revenue in classifying transport subsidy as a revenue receipt. The court remitted the classification of Rs. 87,249 expenditure as entertainment back to the Tribunal for reconsideration. Additionally, the court ruled against the Revenue in disallowing Rs. 25,000 each for horse race and golf competition sponsorships, emphasizing that such expenses for advertisement should not be questioned for reasonableness. en-us Wed, 27 Jan 1999 00:00:00 +0530 Tue, 01 Sep 2009 12:57:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16128 The court ruled against the Revenue in disallowing Rs. 1,07,570 as advertisement expenditure, holding that the presentation of silver boxes to dealers did not constitute advertisement. The court favored the Revenue in classifying transport subsidy as a revenue receipt. The court remitted the classification of Rs. 87,249 expenditure as entertainment back to the Tribunal for reconsideration. Additionally, the court ruled against the Revenue in disallowing Rs. 25,000 each for horse race and golf competition sponsorships, emphasizing that such expenses for advertisement should not be questioned for reasonableness. Case-Laws Income Tax Wed, 27 Jan 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16128