Marketing and Survey Expenses are allowable as Deduction u/s 37(1) of Income Tax Act: ITAT [Read Order]

By Kalyani B. Nair - On January 3, 2023 6:03 pm - 2 mins read

Marketing and Survey Expenses - Marketing - Survey Expenses - Deduction - Income Tax Act - Income Tax - ITAT - Tax - Taxscan

The Jaipur Bench of the Income Tax Appellate Tribunal ( ITAT ), held that Marketing and Survey expenses are allowable as deduction under Section 37(1) of the Income Tax Act, 1961. The AO under Section 143(3) of the Income Tax Act assessed total income at Rs. 2 crores by making additions on account of various…

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