https://www.taxtmi.com/caselaws?id=19495 The Tribunal held that there was no established nexus between the donations and the business perspective of the firm, leading to the disallowance of claiming the donations as business expenditure under section 37(1) and allowing only a 50% deduction under section 80G. The reference was answered in favor of the Revenue and against the assessee, with no order as to costs. en-us Thu, 21 Jul 1994 00:00:00 +0530 Fri, 06 Nov 2009 15:59:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19495 The Tribunal held that there was no established nexus between the donations and the business perspective of the firm, leading to the disallowance of claiming the donations as business expenditure under section 37(1) and allowing only a 50% deduction under section 80G. The reference was answered in favor of the Revenue and against the assessee, with no order as to costs. Case-Laws Income Tax Thu, 21 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19495