https://www.taxtmi.com/caselaws?id=21185 The court ruled in favor of the assessee on all issues, holding that commission and discounts to wholesale dealers and agents, contributions during festivals, and interest on security deposits from shop managers were not disallowable expenses under the relevant sections of the Income-tax Act, 1961. The court emphasized that these expenditures were not categorized as "sales promotion expenses" as they were essential for business operations and maintaining relations, rather than for promotional activities. en-us Fri, 05 Mar 1993 00:00:00 +0530 Fri, 20 Nov 2009 16:03:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21185 The court ruled in favor of the assessee on all issues, holding that commission and discounts to wholesale dealers and agents, contributions during festivals, and interest on security deposits from shop managers were not disallowable expenses under the relevant sections of the Income-tax Act, 1961. The court emphasized that these expenditures were not categorized as "sales promotion expenses" as they were essential for business operations and maintaining relations, rather than for promotional activities. Case-Laws Income Tax Fri, 05 Mar 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21185