Dealership Business Faces Disallowance of Advertisement Expenses; CIT(A) Upholds Decision on Inapplicability to Operations.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Disallowance of advertisement expenses paid - the assessee is running a dealership business and incurring of advertisement expenses does not arise. CIT(A) after considering relevant facts has rightly sustained net advertisement expenditure debited into the profit and loss account - AT....