https://www.taxtmi.com/caselaws?id=329025 The Tribunal ruled in favor of the assessee, allowing the contribution to Sparsh Trust as a business expenditure under section 37(1) of the Income Tax Act. Additionally, the disallowance of employee's contribution to PF and ESI was overturned, with the Tribunal emphasizing the importance of business nexus in determining allowable expenditures. The appeal filed by the Revenue was partly allowed, providing clarity on the treatment of such contributions under the Income Tax Act. en-us Wed, 15 Jun 2016 00:00:00 +0530 Mon, 20 Jun 2016 10:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329025 The Tribunal ruled in favor of the assessee, allowing the contribution to Sparsh Trust as a business expenditure under section 37(1) of the Income Tax Act. Additionally, the disallowance of employee's contribution to PF and ESI was overturned, with the Tribunal emphasizing the importance of business nexus in determining allowable expenditures. The appeal filed by the Revenue was partly allowed, providing clarity on the treatment of such contributions under the Income Tax Act. Case-Laws Income Tax Wed, 15 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329025