https://www.taxtmi.com/caselaws?id=356331 The Appellate Tribunal allowed the appeal of the assessee regarding the allowability of medical expenses incurred on staff and directors under the head "staff welfare." The Tribunal held that the medical expenses, including hospitalization and surgery costs for a director, were essential for business operations and fell under the concept of "commercial expediency," making them allowable as business expenditure under Section 37(1) of the IT Act. The Tribunal did not address the conveyance, traveling, and car expenses, focusing solely on the medical expenses issue. en-us Mon, 22 Jan 2018 00:00:00 +0530 Thu, 01 Mar 2018 07:40:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356331 The Appellate Tribunal allowed the appeal of the assessee regarding the allowability of medical expenses incurred on staff and directors under the head "staff welfare." The Tribunal held that the medical expenses, including hospitalization and surgery costs for a director, were essential for business operations and fell under the concept of "commercial expediency," making them allowable as business expenditure under Section 37(1) of the IT Act. The Tribunal did not address the conveyance, traveling, and car expenses, focusing solely on the medical expenses issue. Case-Laws Income Tax Mon, 22 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356331