Free Sample Expenses Allowed: No Disallowance for Assessee's Lower Costs in Relevant Assessment Years.

Free Sample Expenses Allowed: No Disallowance for Assessee's Lower Costs in Relevant Assessment Years. https://www.taxtmi.com/highlights?id=62184 Disallowance of expenditure incurred towards free samples - On a perusal of material placed before us, it is noticed that the cost incurred by the assessee towards distribution of free samples in these assessment years is much lesser than similar expenditure incurred in the earlier and subsequent assessment years. Thus, keeping in view the peculiar circumstances of the case, we hold that no disallowance out of the cost incurred towards free physician’s samples is called for in any of these assessment years. - AT en-us Mon, 28 Feb 2022 08:32:51 +0530 Mon, 28 Feb 2022 08:32:51 +0530 TaxTMI RSS Generator Free Sample Expenses Allowed: No Disallowance for Assessee's Lower Costs in Relevant Assessment Years. https://www.taxtmi.com/highlights?id=62184 Disallowance of expenditure incurred towards free samples - On a perusal of material placed before us, it is noticed that the cost incurred by the assessee towards distribution of free samples in these assessment years is much lesser than similar expenditure incurred in the earlier and subsequent assessment years. Thus, keeping in view the peculiar circumstances of the case, we hold that no disallowance out of the cost incurred towards free physician’s samples is called for in any of these assessment years. - AT Highlights Income Tax Mon, 28 Feb 2022 08:32:51 +0530 https://www.taxtmi.com/highlights?id=62184