https://www.taxtmi.com/caselaws?id=8265 Business expenditure is deductible when, judged from the businessman's point of view, it is commercially expedient and incidental to carrying on the business; on that basis, the cost of chartering a plane to bring back a deceased former chairman's body was treated as allowable because he had travelled on company business and the company would otherwise have borne his return expenses. A reasoned estimate of reasonable house rent paid to a director under service terms will not be disturbed unless shown to be unreasonable or made without application of mind; here, the lower allowance already fixed by the Tribunal was upheld because the relevant facts had not materially changed. en-us Mon, 24 May 1971 00:00:00 +0530 Thu, 09 Apr 2009 09:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8265 Business expenditure is deductible when, judged from the businessman's point of view, it is commercially expedient and incidental to carrying on the business; on that basis, the cost of chartering a plane to bring back a deceased former chairman's body was treated as allowable because he had travelled on company business and the company would otherwise have borne his return expenses. A reasoned estimate of reasonable house rent paid to a director under service terms will not be disturbed unless shown to be unreasonable or made without application of mind; here, the lower allowance already fixed by the Tribunal was upheld because the relevant facts had not materially changed. Case-Laws Income Tax Mon, 24 May 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8265