https://www.taxtmi.com/caselaws?id=274028 The High Court upheld the Tribunal's decision, allowing the contributions made by the appellant to the trust as business expenditure under Section 37(1) of the Income Tax Act, 1961. The court found that the contributions were directly linked to the appellant's business operations and were incurred wholly and exclusively for the purpose of business, thereby rejecting the Assessing Officer's disallowance and the CIT(A)'s partial allowance under Section 80G. All appeals were dismissed in favor of the assessee. en-us Mon, 11 Sep 2017 00:00:00 +0530 Wed, 25 Jul 2018 13:25:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274028 The High Court upheld the Tribunal's decision, allowing the contributions made by the appellant to the trust as business expenditure under Section 37(1) of the Income Tax Act, 1961. The court found that the contributions were directly linked to the appellant's business operations and were incurred wholly and exclusively for the purpose of business, thereby rejecting the Assessing Officer's disallowance and the CIT(A)'s partial allowance under Section 80G. All appeals were dismissed in favor of the assessee. Case-Laws Income Tax Mon, 11 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274028