https://www.taxtmi.com/caselaws?id=62697 Business expenditure claims depend on proving a direct business nexus and genuine service use. Donations to educational institutions, guest-house costs without evidence of exclusive employee or technician use, and certain foreign-exchange and selling-agent commission claims were not accepted on the claimed basis. Medical retainership for employees, holiday-home welfare expenditure, borrowing interest absent proof of non-business diversion, road and drainage repairs, business-protection legal costs, superannuation contributions and textile committee fees were treated as allowable. Excess sales-tax collections retained from customers were treated as taxable receipts, while charity collections and security deposits were not treated as trading receipts. Business-linked accommodation receipts were business income, without notional rent where none was charged; customs-penalty computation required fresh determination after penalty reduction. en-us Fri, 16 Nov 1984 00:00:00 +0530 Fri, 21 Jan 2011 11:48:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62697 Business expenditure claims depend on proving a direct business nexus and genuine service use. Donations to educational institutions, guest-house costs without evidence of exclusive employee or technician use, and certain foreign-exchange and selling-agent commission claims were not accepted on the claimed basis. Medical retainership for employees, holiday-home welfare expenditure, borrowing interest absent proof of non-business diversion, road and drainage repairs, business-protection legal costs, superannuation contributions and textile committee fees were treated as allowable. Excess sales-tax collections retained from customers were treated as taxable receipts, while charity collections and security deposits were not treated as trading receipts. Business-linked accommodation receipts were business income, without notional rent where none was charged; customs-penalty computation required fresh determination after penalty reduction. Case-Laws Income Tax Fri, 16 Nov 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62697