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2009 (10) TMI 427 - HC - Income TaxBusiness Expenditure- assessee is a popular cine actor. The assessment relates to the year 2004-05. The assessee claimed a sum of Rs. 20,19,000 towards rasigar manram expenses. The assessing authority rejected the said claim. The Commissioner (Appeals) allow the assessee’s appeal restricting the disallowance to 20%. The Tribunal confirm the order. Held that- popular cine artists promote their resigar manrams for the purpoe of promoting their films among the public at large. The amount spent towards dress, food etc, at the time of release of new films as well as for regular maintenance of “rasigar manrams” activities was a part of their professional activities. Dismissing the appeal.
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