Held that the freebies or gifts were given to stockists and distributors. Enquirers were made in the assessment proceedings. Once there is application of mind and enquiry has been made by the Assessing Officer, the assessment cannot be treated as erroneous or prejudicial to the interest of the Revenue. (AY. 2008-09 to 2018-19)
Leeford Health Care Ltd v. PCIT (2022) 99 ITR 19 (Chd)(Trib)
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Freebies or gifts-stockists and distributors-Enquirers were made in the assessment proceedings-Revision is not valid. [S. 37(1), 153A]