Failure to produce Confirmation Letter and Supporting Evidence of Promotion Expenses Incurred towards Medicine Agency: ITAT upholds Addition [Read Order]

Confirmation Letter - Supporting Evidence - Promotion Expenses - Medicine Agency - ITAT - Addition - taxscan

The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has upheld the addition as the assessee had failed to produce confirmation letter and promotion expenses incurred towards the medicine agency. An assessment order under Section 143(3) of the Income Tax Act was passed on 28-03-2014 in which the AO had disallowed sales promotion expenses and…

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