AdvertisementRampur Arvind Vs ACIT (Karnataka High Court) The Karnataka High Court dismissed the assessee’s appeal under Section 260A of the Income Tax Act, 1961, challenging the order of the Income Tax Appellate Tribunal (ITAT), Bengaluru, which had upheld the disallowance of business promotion expenditure of Rs.53,48,852 claimed under Section 37(1) of the Act for Assessment Year 2009-10. The assessee, an individual engaged in the business of providing hospitality services and civil contracting, filed the return of income declaring total income of Rs.28,78,250. During scrutiny assessment under Secti...