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(Querist)
22 March 2010 can advertisements in news papers related to business are allowed as expenses for computation of business income?
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Zeeshan

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Zeeshan (Expert)
22 March 2010 yes u/s 37 it is allowed but it should be exclusively for the purpose of business.
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
22 March 2010 agreed
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
22 March 2010 agree. its a one type of expense.

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