https://www.taxtmi.com/caselaws?id=189807 Under section 10(2)(ix) of the Burma Income-tax Act, deductibility depends on whether the expenditure was genuinely incurred solely to earn business profits. The taxing authority may examine bona fides, genuineness, surrounding circumstances, and whether the claim is truly for business purposes at the stage of allowance, but once that threshold is met it cannot scale down the deduction on a subjective view of reasonableness or excessiveness. The provision contains no implied power to refix the allowable amount on that basis, particularly where reasonableness is expressly provided for elsewhere in the Act. en-us Mon, 20 Feb 1956 00:00:00 +0530 Sat, 21 Jan 2017 15:21:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189807 Under section 10(2)(ix) of the Burma Income-tax Act, deductibility depends on whether the expenditure was genuinely incurred solely to earn business profits. The taxing authority may examine bona fides, genuineness, surrounding circumstances, and whether the claim is truly for business purposes at the stage of allowance, but once that threshold is met it cannot scale down the deduction on a subjective view of reasonableness or excessiveness. The provision contains no implied power to refix the allowable amount on that basis, particularly where reasonableness is expressly provided for elsewhere in the Act. Case-Laws Income Tax Mon, 20 Feb 1956 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189807