Court Rules Against Ad Hoc Disallowance of 30% Advertisement Expenses Benefiting Third Parties, Orders Deletion of Disallowance.

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....Disallowance being 30% of the total advertisement expense - that merely because of the fact that advertisement expenditure incurred by the taxpayer has benefited the third party, the same cannot be disallowed; and that disallowance of any expenditure on ad hoc basis is not permissible in law, hence ordered to be deleted. - AT....