https://www.taxtmi.com/forum/issue?id=1452 Whether a company's contribution to a local development committee for roads, water connections and street lighting is deductible under deduction under section 37 or must be disallowed as a donation is fact-specific. Authoritative decisions have reached differing conclusions: some treat such contributions as capital expenditure, while others permit deduction where the works directly facilitate the assessee's business, so the correct characterisation depends on purpose, enduring benefit, and circumstances. en-us Sat, 29 Aug 2009 13:14:49 +0530 Thu, 23 Jan 2025 15:58:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1452 Whether a company's contribution to a local development committee for roads, water connections and street lighting is deductible under deduction under section 37 or must be disallowed as a donation is fact-specific. Authoritative decisions have reached differing conclusions: some treat such contributions as capital expenditure, while others permit deduction where the works directly facilitate the assessee's business, so the correct characterisation depends on purpose, enduring benefit, and circumstances. Discussion-Forum Income Tax Sat, 29 Aug 2009 13:14:49 +0530 https://www.taxtmi.com/forum/issue?id=1452