FBT leviable on expense on Sales Promotion, Free Samples, Gift etc

[1.0] As common question of law and facts arise in this group of Special Civil Applications as well as Tax Appeals, all these Special Civil Applications and Tax Appeals are decided and disposed of together by this common judgement and order. [2.0] Special Civil Application Nos.21124/2005, 21125/2005, 21768/2005 and 21770/2005 have been preferred by the Gujarat Chamber of Commerce and Industries and others for an appropriate writ, direction and order to quash and set aside the Circular No.8/2005 dated 29.08.2005 (hereinafter referred to as “impugned circular”) issued by the Central Board of...