https://www.taxtmi.com/caselaws?id=70071 The Tribunal upheld the decision to disallow deductions claimed by a State Government undertaking for contributions to the Chief Minister's Drought Relief Fund. It emphasized that public sector entities, unlike private enterprises, do not operate under the same commercial considerations and therefore such contributions cannot be justified under commercial expediency. The judgment highlights the distinction between private trade and public sector undertakings in terms of business deductions under the Income-tax Act, ultimately dismissing the appeals and affirming the disallowance of deductions for contributions made by the State Government undertaking. en-us Mon, 10 Aug 1981 00:00:00 +0530 Thu, 14 Apr 2011 11:15:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70071 The Tribunal upheld the decision to disallow deductions claimed by a State Government undertaking for contributions to the Chief Minister's Drought Relief Fund. It emphasized that public sector entities, unlike private enterprises, do not operate under the same commercial considerations and therefore such contributions cannot be justified under commercial expediency. The judgment highlights the distinction between private trade and public sector undertakings in terms of business deductions under the Income-tax Act, ultimately dismissing the appeals and affirming the disallowance of deductions for contributions made by the State Government undertaking. Case-Laws Income Tax Mon, 10 Aug 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70071