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sales promotion exp.

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 December 2010 sir,
please ask me about how will treat to finished goods given in free for advertisement or complimentary....

how is it treated.....
and what is consequenses in reporting and income tax point of view
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Rasesh

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Rasesh (Expert)
24 December 2010 Book it under sales promotion expenses and it is allowable as a deduction in IT

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