02 December 2009
It says"No allowance shall be made in respect of expenditure incurred by an assessee on advertisement in any souvenir, brochure, tract, pamphlet, magazine or the like published by a political party"
I wanna d reason or d purpose beind introducing this section.
02 December 2009
A political party has some biased views on particular matters. Our Constitution of India does not permit to develop such practices. Further; if advertisement is permitted; the business houses will be under pressure to give them advertisement and thereby indirectly development such biased views.
03 December 2009
It says"No allowance shall be made in respect of expenditure incurred by an assessee on advertisement in any souvenir, brochure, tract, pamphlet, magazine or the like published by a political party"
I wanna d reason or d purpose beind introducing this section.
CAclubindia
