Itta/69/2001 Of M/S.national Laboratories Secbad v. The Income Tax Officer Hyd

HON’BLE SRI JUSTICE G. CHANDRAIAHANDHON’BLE SRI JUSTICE CHALLA KODANDA RAMI.T.T.A. No.69 of 2001 JUDGMENT:- (per Hon’ble Sri Justice Challa Kodanda Ram) This appeal is preferred by the assessee, against the orderdated 13.04.1999 in I.T.A. No.1595/Hyd/92, relating to theassessment year 1986-1987, passed by the Income Tax AppellateTribunal, Hyderabad Bench “B” (in short “the Tribunal”) raising thefollowing substantial question of law. “Whether, on the facts and circumstances of thecase, is the Appellate Tribunal correct in law inholding that expenditure incurred in purchaseand distribution of articles intended forpurchasers of appellant’s goods depending ontheir performance as expenditure on‘advertisement’ disallowable under Rule 6 B ofthe Income Tax Rules 1962?” 2) When the matter was taken up for hearing, the learned counselfor the appellant Sri Y. Ratnakar would submit that his client does notwish to press the reference considering the merits of the matter. Recording the said submission, this appeal is dismissed. No order asto costs. Miscellaneous Petitions, if any, pending in this appeal shallstand closed. ____________________ G. CHANDRAIAH, J ____________________________ CHALLA KODANDA RAM, J Date: 23.01.2014.Ssv HON'BLE SRI JUSTICE G. CHANDRAIAH AND HON’BLE SRI JUSTICE CHALLA KODANDA RAM Ssv I.T.T.A. No.69 OF 2001 Date:23.01.2014