https://www.taxtmi.com/circulars?id=10697 Contributions by a company to a political party or for a political purpose constitute outgoings for computation under clause (j) of sub section (4) only when made for commercial expediency; the illustrative phrase "outgoings inclusive of..." is not exhaustive, so lack of a specific reference to the enabling provision does not prevent such treatment. en-us Mon, 08 Jan 1962 00:00:00 +0530 Thu, 16 Jun 2011 13:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10697 Contributions by a company to a political party or for a political purpose constitute outgoings for computation under clause (j) of sub section (4) only when made for commercial expediency; the illustrative phrase "outgoings inclusive of..." is not exhaustive, so lack of a specific reference to the enabling provision does not prevent such treatment. Circulars Companies Law Mon, 08 Jan 1962 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10697