https://www.taxtmi.com/caselaws?id=71824 Expenditure incurred by a co-operative sugar society pursuant to binding Government directions, including flood rehabilitation, cattle camps, welfare programmes and related development work, was treated as allowable business expenditure where it had a direct nexus with the society's business and the supply base for the sugar factory. Ceremonial, administrative and annual general meeting expenses were only partly disallowed, with relief limited to 25 per cent where business and employee elements were identifiable. Education fund payments and interest on non-refundable deposits were accepted on the basis of earlier precedent. The sales-tax claim was remanded for verification of amounts paid within the statutory time. en-us Fri, 18 Sep 1998 00:00:00 +0530 Wed, 27 Apr 2011 12:52:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71824 Expenditure incurred by a co-operative sugar society pursuant to binding Government directions, including flood rehabilitation, cattle camps, welfare programmes and related development work, was treated as allowable business expenditure where it had a direct nexus with the society's business and the supply base for the sugar factory. Ceremonial, administrative and annual general meeting expenses were only partly disallowed, with relief limited to 25 per cent where business and employee elements were identifiable. Education fund payments and interest on non-refundable deposits were accepted on the basis of earlier precedent. The sales-tax claim was remanded for verification of amounts paid within the statutory time. Case-Laws Income Tax Fri, 18 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71824