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2008 (10) TMI 74 - HC - Income Tax
Advertisement expenses incurred by the assessee to create a brand image with enduring benefit are allowable as revenue expenditure - income on sale of empty containers (in which raw materials were purchased) – directly relatable to manufacturing activity of the industrial undertaking, hence entitled to special deduction u/s 80HH & 80I – further, loans/borrowings from specified financial institutions are includible in computing capital for the purpose of section 35D