https://www.taxtmi.com/caselaws?id=10720 The High Court upheld the Commissioner (Appeals) and assessing authority's findings, ruling in favor of the Revenue. The assessee failed to prove the claimed deductions under section 37 of the Income-tax Act, as the burden of proof was not discharged for various expenses, including service charges, liaisoning payments, corporate management charges, and trade scheme expenditure. The Court found insufficient evidence to support the business purposes of these expenditures, ultimately disallowing them. en-us Thu, 31 Mar 2005 00:00:00 +0530 Thu, 12 Mar 2015 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10720 The High Court upheld the Commissioner (Appeals) and assessing authority's findings, ruling in favor of the Revenue. The assessee failed to prove the claimed deductions under section 37 of the Income-tax Act, as the burden of proof was not discharged for various expenses, including service charges, liaisoning payments, corporate management charges, and trade scheme expenditure. The Court found insufficient evidence to support the business purposes of these expenditures, ultimately disallowing them. Case-Laws Income Tax Thu, 31 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10720