https://www.taxtmi.com/caselaws?id=178214 Expenditure on maintaining a selling agency staff was not deductible under Section 10(2)(xv) of the Income-tax Act, 1922 where the agency had no business activity during the relevant period. The deduction was available only for amounts laid out wholly and exclusively for business purposes, and only if the business was in existence in the accounting year. Because control orders prevented the mill from lawfully using private selling agents, mere continuation of an office and staff after business had effectively ceased did not amount to carrying on the business. The expenditure was therefore not allowable. en-us Tue, 31 Mar 1953 00:00:00 +0530 Sat, 30 Jan 2016 12:00:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178214 Expenditure on maintaining a selling agency staff was not deductible under Section 10(2)(xv) of the Income-tax Act, 1922 where the agency had no business activity during the relevant period. The deduction was available only for amounts laid out wholly and exclusively for business purposes, and only if the business was in existence in the accounting year. Because control orders prevented the mill from lawfully using private selling agents, mere continuation of an office and staff after business had effectively ceased did not amount to carrying on the business. The expenditure was therefore not allowable. Case-Laws Income Tax Tue, 31 Mar 1953 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178214