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ITAT Allows Advertisement Expenses as Sponsorship & Promotional Activities Were Business-Related
Case Law Details
- Case Name
- Bengal Peerless Housing Development Company Ltd. Vs DCIT (ITAT Kolkata)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2013-14
- Courts
- All ITAT, ITAT Kolkata
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Bengal Peerless Housing Development Company Ltd. Vs DCIT (ITAT Kolkata)
The appeal was filed by the assessee against the order of the Commissioner of Income-tax (Appeals), Panaji, for Assessment Year 2013-14. The dispute primarily related to disallowances made by the Assessing Officer in respect of advertisement and publicity expenses, legal and professional fees, and a deduction claimed in relation to an earlier year’s disallowance.
With regard to advertisement and publicity expenses, the Assessing Officer observed that the assessee had claimed expenditure of ₹42,20,000 and sought det...






