https://www.taxtmi.com/caselaws?id=765214 ITAT Kolkata allowed the assessee's appeal regarding disallowed sales promotion expenses. The assessee had acquired a new unit and incurred expenditure for sales promotion, filing relevant bills before CIT(A). CIT(A) rejected the claim due to insufficient details about the acquired unit. ITAT found that since complete details were provided during proceedings, and the expenditure dated 10.01.2010 related to a unit acquired on 14.08.2009 with supporting bills, the expenses qualified as legitimate business expenditure under section 37(1) of the Act. en-us Wed, 01 Jan 2025 00:00:00 +0530 Tue, 28 Jan 2025 08:24:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765214 ITAT Kolkata allowed the assessee's appeal regarding disallowed sales promotion expenses. The assessee had acquired a new unit and incurred expenditure for sales promotion, filing relevant bills before CIT(A). CIT(A) rejected the claim due to insufficient details about the acquired unit. ITAT found that since complete details were provided during proceedings, and the expenditure dated 10.01.2010 related to a unit acquired on 14.08.2009 with supporting bills, the expenses qualified as legitimate business expenditure under section 37(1) of the Act. Case-Laws Income Tax Wed, 01 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765214