1981 (2) TMI 107

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..... nses to the tune of Rs. 4,000 should not have been disallowed. The assessee is a partnership firm deriving income from business as a dealer in cloth. Total sales during the year under consideration amounted to Rs. 47,41,117. On which a gross profit of 18.3 per cent was declared by the assessee. The profit as declared was accepted by the ITO. However, he found that advertisement expenses claimed by .....

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..... e matter, he confirmed the disallowance. 4. Shri Chunilal Karsondas, the ld. Rep. for the assessee, urged before us that the Revenue authorities were not justified in their action. He explained that vouchers of the expenses referred to by the CIT (A) in his order were produced before the ITO. He stated that the ITO has not stated that vouchers or other details relating to these expenses were no .....

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