Tax Authorities Must Not Disallow Legitimate Business Promotion Expenses Without Justification, As Supported by Documentation.

Tax Authorities Must Not Disallow Legitimate Business Promotion Expenses Without Justification, As Supported by Documentation. https://www.taxtmi.com/highlights?id=47176 Disallowance of Sales Promotion, Advertisement and Publicity Expenses - when assessee is able to provide the business nexus of incurrence of expenditure with supporting documents, it cannot be simply denied/rejected merely on the ground of propriety, which action would lead to, travelling beyond the brief and stepping into the shoes of the assessee by the revenue - no disallowance en-us Fri, 14 Jun 2019 07:34:15 +0530 Fri, 14 Jun 2019 07:34:15 +0530 TaxTMI RSS Generator Tax Authorities Must Not Disallow Legitimate Business Promotion Expenses Without Justification, As Supported by Documentation. https://www.taxtmi.com/highlights?id=47176 Disallowance of Sales Promotion, Advertisement and Publicity Expenses - when assessee is able to provide the business nexus of incurrence of expenditure with supporting documents, it cannot be simply denied/rejected merely on the ground of propriety, which action would lead to, travelling beyond the brief and stepping into the shoes of the assessee by the revenue - no disallowance Highlights Income Tax Fri, 14 Jun 2019 07:34:15 +0530 https://www.taxtmi.com/highlights?id=47176