https://www.taxtmi.com/caselaws?id=16566 The court ruled against the assessee regarding the interpretation of revenue expenditure, following precedent. However, the court allowed deductions for payments made to specific funds for business purposes, citing previous cases supporting the deductibility of such contributions. en-us Tue, 11 Feb 1997 00:00:00 +0530 Tue, 08 Sep 2009 15:35:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16566 The court ruled against the assessee regarding the interpretation of revenue expenditure, following precedent. However, the court allowed deductions for payments made to specific funds for business purposes, citing previous cases supporting the deductibility of such contributions. Case-Laws Income Tax Tue, 11 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16566