Disallowance of expenditure on advertisements in souvenirs.

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..../1969 Subject : Disallowance of expenditure on advertisements in souvenirs. It has been represented to the Board that expenditure incurred by business on advertisements in souvenirs by trade, comme....

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....y for purposes of business. Rule 6B of the Income-tax Rules which lays down the extent and the conditions subject to which expenditure on advertisement is to be allowed under section 37(3) of the Inco....