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Sales promotion expenses (Income Tax)

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This query is : Resolved

( Querist )
08 September 2008


some of the expenses expended by company towards sales promotion or misc expenses.
whether that can be allowed under income tax?
is there any limit for those expenses?


( Expert )
08 September 2008

there is no limit.
if exp is for the purpose of business then it is allowable.

CA Rajesh S

( Expert )
09 September 2008

all business exps irrespective of the head under which clasified are allowable exps



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