https://www.taxtmi.com/caselaws?id=384217 Section 41(1) cannot apply unless the relevant liability or expenditure had earlier been allowed as a deduction or allowance; because no such prior allowance was shown in the predecessor's hands, the write-back addition was deleted. Tax paid on behalf of foreign suppliers was held to discharge their income-tax liability and was not deductible business expenditure under section 37(1), so the disallowance was sustained. For section 14A, exempt interest income required disallowance of direct board meeting fees and a reasonable administrative disallowance, so the addition was partly enhanced. Software upgradation and machine shifting costs were revenue expenses, and the research and development disallowance was deleted following the assessee's own case. en-us Mon, 05 Aug 2019 00:00:00 +0530 Wed, 07 Aug 2019 14:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384217 Section 41(1) cannot apply unless the relevant liability or expenditure had earlier been allowed as a deduction or allowance; because no such prior allowance was shown in the predecessor's hands, the write-back addition was deleted. Tax paid on behalf of foreign suppliers was held to discharge their income-tax liability and was not deductible business expenditure under section 37(1), so the disallowance was sustained. For section 14A, exempt interest income required disallowance of direct board meeting fees and a reasonable administrative disallowance, so the addition was partly enhanced. Software upgradation and machine shifting costs were revenue expenses, and the research and development disallowance was deleted following the assessee's own case. Case-Laws Income Tax Mon, 05 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384217