https://www.taxtmi.com/caselaws?id=217263 LPG bottling was treated as manufacture or production because the process of emptying, cleaning, vacuuming, filling, leak testing, quality control and sealing created a commercially distinct and marketable product, supporting deduction under sections 80HH, 80-I and 80-IA. Excise and customs duty actually paid remained deductible under section 43B even though included in closing inventory. Expenditure on the 20-point programme was allowed as business expenditure incurred on commercial expediency and governmental direction. By contrast, the claimed staff-related entertainment expense was not disturbed for lack of reliable evidence, and dividend payment was held to be an appropriation of income, not deductible business expenditure. en-us Tue, 31 Jul 2012 00:00:00 +0530 Fri, 08 Apr 2016 12:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217263 LPG bottling was treated as manufacture or production because the process of emptying, cleaning, vacuuming, filling, leak testing, quality control and sealing created a commercially distinct and marketable product, supporting deduction under sections 80HH, 80-I and 80-IA. Excise and customs duty actually paid remained deductible under section 43B even though included in closing inventory. Expenditure on the 20-point programme was allowed as business expenditure incurred on commercial expediency and governmental direction. By contrast, the claimed staff-related entertainment expense was not disturbed for lack of reliable evidence, and dividend payment was held to be an appropriation of income, not deductible business expenditure. Case-Laws Income Tax Tue, 31 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217263