https://www.taxtmi.com/caselaws?id=252441 The Madras High Court dismissed the appeal by the Assessee and allowed the Revenue's appeal regarding the deduction for amounts paid to the Employees Welfare Association for the construction of Kalyanamandapam. The Court held that the payments were in the nature of a donation and not eligible for deduction as revenue expenditure, emphasizing the lack of business expediency or compulsion in making the payments. The Apex Court's dismissal of the Special Leave Petition further supported setting aside the Tribunal's order in favor of the Revenue. en-us Mon, 18 Aug 2014 00:00:00 +0530 Wed, 22 Oct 2014 10:17:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252441 The Madras High Court dismissed the appeal by the Assessee and allowed the Revenue's appeal regarding the deduction for amounts paid to the Employees Welfare Association for the construction of Kalyanamandapam. The Court held that the payments were in the nature of a donation and not eligible for deduction as revenue expenditure, emphasizing the lack of business expediency or compulsion in making the payments. The Apex Court's dismissal of the Special Leave Petition further supported setting aside the Tribunal's order in favor of the Revenue. Case-Laws Income Tax Mon, 18 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252441