Selling and publicity expenses can be disallowed merely on the basis of statement of an auditor – ITAT Hyderabad

Hyderabad Distilleries And Wineries Pvt. Ltd. Vs DCIT (ITAT Hyderabad)- Whether selling and publicity expenses can be disallowed merely on the basis of statement of an auditor – Whether when the similar expenses were allowed by the AO to similar parties, no dis-allowance can be made only on the basis of assumptions and presumptions– Whether the dis-allowance made without giving the assessee an opportunity to cross examine the parties on the basis of whose statement the dis-allowance was made, is against the natural justice.

Please become a Premium member. If you are already a Premium member, login here to access the full content.