https://www.taxtmi.com/highlights?id=33887 Allowable deduction u/s 37(1) - expenditure incurred by the assessee by way of payment to Knight Riders Sports Pvt. Ltd. for obtaining sponsorship rights in favour of Star India Pvt. Ltd. - Business nexus established - deduction allowed - AT en-us Wed, 22 Mar 2017 09:38:21 +0530 Wed, 22 Mar 2017 09:38:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=33887 Allowable deduction u/s 37(1) - expenditure incurred by the assessee by way of payment to Knight Riders Sports Pvt. Ltd. for obtaining sponsorship rights in favour of Star India Pvt. Ltd. - Business nexus established - deduction allowed - AT Highlights Income Tax Wed, 22 Mar 2017 09:38:21 +0530 https://www.taxtmi.com/highlights?id=33887