https://www.taxtmi.com/caselaws?id=8330 Contributions made towards road construction and development were not deductible under section 10(2)(xv) of the Income-tax Act, 1922 because they were not shown to have been incurred wholly and exclusively for the business. The court treated the payments as motivated by civic or business goodwill rather than by any statutory compulsion or direct business necessity, and found no nexus with preserving a business asset or with the ordinary trading operations of the assessee. As the outlay was not part of the profit-earning process, the claimed deduction was disallowed. en-us Wed, 28 Jul 1971 00:00:00 +0530 Thu, 09 Apr 2009 18:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8330 Contributions made towards road construction and development were not deductible under section 10(2)(xv) of the Income-tax Act, 1922 because they were not shown to have been incurred wholly and exclusively for the business. The court treated the payments as motivated by civic or business goodwill rather than by any statutory compulsion or direct business necessity, and found no nexus with preserving a business asset or with the ordinary trading operations of the assessee. As the outlay was not part of the profit-earning process, the claimed deduction was disallowed. Case-Laws Income Tax Wed, 28 Jul 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8330