https://www.taxtmi.com/caselaws?id=16904 The High Court ruled in favor of the assessee, upholding the Tribunal's decision to delete the disallowance of business promotion expenses exceeding Rs. 50 per item for the assessment years 1978-79 and 1979-80. The court emphasized that deductions should only be disallowed if expenses were intended for advertising purposes, not business promotion. Additionally, the court did not provide further analysis on the issue of payments made to a director within the ceiling limit of Rs. 72,000, as it had already been addressed in a previous order based on established case law precedent. en-us Tue, 08 Jul 1997 00:00:00 +0530 Sat, 12 Sep 2009 18:42:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16904 The High Court ruled in favor of the assessee, upholding the Tribunal's decision to delete the disallowance of business promotion expenses exceeding Rs. 50 per item for the assessment years 1978-79 and 1979-80. The court emphasized that deductions should only be disallowed if expenses were intended for advertising purposes, not business promotion. Additionally, the court did not provide further analysis on the issue of payments made to a director within the ceiling limit of Rs. 72,000, as it had already been addressed in a previous order based on established case law precedent. Case-Laws Income Tax Tue, 08 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16904