https://www.taxtmi.com/caselaws?id=8133 Expenditure is deductible only if it is laid out wholly and exclusively for carrying on the business with a real business nexus. A payment to a pujari for invoking divine blessings for business prosperity lacked any direct relationship to the assessee's business operations and was not incurred in the capacity of carrying on that business. The doctrine of commercial expediency could not cure the absence of the basic statutory requirement. The claimed payment was therefore not an admissible deduction under the Income-tax Act, 1922, and the reference was answered in favour of the Revenue. en-us Fri, 05 Feb 1971 00:00:00 +0530 Sat, 28 Mar 2009 19:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8133 Expenditure is deductible only if it is laid out wholly and exclusively for carrying on the business with a real business nexus. A payment to a pujari for invoking divine blessings for business prosperity lacked any direct relationship to the assessee's business operations and was not incurred in the capacity of carrying on that business. The doctrine of commercial expediency could not cure the absence of the basic statutory requirement. The claimed payment was therefore not an admissible deduction under the Income-tax Act, 1922, and the reference was answered in favour of the Revenue. Case-Laws Income Tax Fri, 05 Feb 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8133