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2019 (11) TMI 914 - AT - Income TaxDisallowance of sales promotion expenses - CIT(A) restricting the estimated disallowance to 20% of the total expenditure claimed as against 50% disallowed by the AO - HELD THAT:- The assessee claimed sales promotion expenses. On perusal of the paper book, we find that most of the payments were made in cash even though the payments are within the monetary limits of section 40A(3) of the Act and while the details in respect of some schools were produced, the assessee could not produce official receipts for all the schools. In fact, the genuineness of the claim of the assessee was not disputed by the Revenue, the Assessing Officer allowed 50% of the claim as genuine and the balance expenditure was brought to tax. After considering the written submissions and since the assessee could not produce official receipts for all the schools, the ld. CIT(A) restricted the disallowance to 20% of the total claim of expenditure and partly allowed the ground raised by the assessee. No infirmity in the order passed by the ld. CIT(A), who has given reasonable relief to the assessee. Thus, the ground raised by the assessee stands dismissed.
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