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Sales Promotion Expenses Allowed for Export Businesses: Align with Industry Practices and Business Needs.

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Full Text of the Document

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....Disallowance of sales promotion expenses - directors of the company has incurred this expenditure and we may have to accept the general practice of the industry - assessee is in export business and it has to entertain the visitors. We can consider this expenditure incurred only for the purpose of business - AT....