Friday, March 13, 2020

HC upheld disallowance of advertisement exp. as assessee failed to prove genuineness of exp.

INCOME TAX : Web advertisement expenses claimed by assessee were to be disallowed where JSP (Java Server Page) technologies based on which website of advertisement service providers were claimed to have been launched, did not exist at relevant time and assessee failed to substantiate that it incurred such expenditure

from www.taxmann.com Latest Case Laws https://ift.tt/38KrVv5
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