https://www.taxtmi.com/caselaws?id=31540 The High Court ruled in favor of the assessee, concurring with the Tribunal's decision that the expenses incurred for trade promotion purposes did not fall under rule 6B disallowance. The court emphasized that the items distributed were part of a sales promotion scheme, not intended for advertisement, and thus, rule 6B was deemed inapplicable. The judgment highlighted that the expenses were incurred to boost sales and were not subject to disallowance under the rule. Consequently, the court answered the reference in favor of the assessee and against the Revenue. en-us Thu, 20 Sep 2007 00:00:00 +0530 Tue, 14 Jun 2011 04:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31540 The High Court ruled in favor of the assessee, concurring with the Tribunal's decision that the expenses incurred for trade promotion purposes did not fall under rule 6B disallowance. The court emphasized that the items distributed were part of a sales promotion scheme, not intended for advertisement, and thus, rule 6B was deemed inapplicable. The judgment highlighted that the expenses were incurred to boost sales and were not subject to disallowance under the rule. Consequently, the court answered the reference in favor of the assessee and against the Revenue. Case-Laws Income Tax Thu, 20 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31540