https://www.taxtmi.com/caselaws?id=58489 The Tribunal upheld the CIT(A)'s decision regarding payments made to a film director, ruling that they were not subject to disallowance under section 40(c) of the Income Tax Act but should be assessed under section 40A(2)(a) for reasonableness. However, the Tribunal set aside the CIT(A)'s decision on the disallowance of expenditure on advertisement, upholding the ITO's decision under section 37(3A) as the exemption under section 37(3D) did not apply. The appeals were partly allowed based on these findings. en-us Tue, 29 Jan 1985 00:00:00 +0530 Mon, 20 Dec 2010 12:08:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58489 The Tribunal upheld the CIT(A)'s decision regarding payments made to a film director, ruling that they were not subject to disallowance under section 40(c) of the Income Tax Act but should be assessed under section 40A(2)(a) for reasonableness. However, the Tribunal set aside the CIT(A)'s decision on the disallowance of expenditure on advertisement, upholding the ITO's decision under section 37(3A) as the exemption under section 37(3D) did not apply. The appeals were partly allowed based on these findings. Case-Laws Income Tax Tue, 29 Jan 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58489