« Top Headlines » Open DEMAT Account in 24 hrs  How to Change Current Period in Tally Prime Step-by-Step Guide for Users  Global Payroll Management with Tally Prime: How International Businesses Use It Beyond India  How to Manage B2B HSN Codes in Tally Prime: A Complete Guide for Businesses  How to Check Business Revenue in Tally Prime: A Complete Step-by-Step Guide  MSME Payment Rule in Tally Prime: Understanding the Law and Its Impact on Businesses in 2025 The MSME (Micro, Small and Medium Enterprises) Payment Rule is a legal framework introduced under th  Multipurpose Empanelment Form (MEF) 2025 26 Meaning, Purpose, and How to Manage It in Tally Prime  GST Appellate Tribunal (GSTAT) Structure, Powers, and Its Relevance in Tally Prime Implementation  How Tally Prime Supports the Real Estate & Construction Industry in India  Comparison Between Tally Prime 6.1 and Tally Prime 6.2  How Tally Prime Renewal Helps Save My Data  Where to Buy Tally Prime 7.0 at the Best Rates Possible «  Indo-Mauritius tax treaty may still be on ... Residence-office transport out of FBT net... » Exhibition cost is biz expense, rules ITAT May, 27th 2008 Companies can treat expenditure incurred on participating in exhibitions as business expense and claim tax benefits, the Income Tax Appellate Tribunal has said in a recent decision. Giving its ruling in a case pertaining to the Indian subsidiary of Austrian auto component maker Styler Daimler Puch, ITAT said expenditure on exhibitions is aimed to propagate business and hence cannot be disallowed for claiming tax benefits by the tax department. All the expenses were aimed to propagate the assessees business... I accordingly allow the expenses, ITAT president Vimal Gandhi said. The case pertains to participation of Austrian companys subsidiary Styler India, in Auto Expo 1998, on which the company spent about Rs 15 lakh.