https://www.taxtmi.com/caselaws?id=20332 The High Court allowed legal expenses incurred for challenging additional levy imposed by the Excise Act as a business expenditure under section 37 of the Income-tax Act, 1961. The court emphasized the need for reasons in decisions and cited a previous case where similar expenses were allowed. It concluded that the expenses were justified by commercial expediency and incidental to the business, aligning with established principles, ruling in favor of the assessee. en-us Mon, 05 Apr 1993 00:00:00 +0530 Fri, 13 Nov 2009 13:11:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20332 The High Court allowed legal expenses incurred for challenging additional levy imposed by the Excise Act as a business expenditure under section 37 of the Income-tax Act, 1961. The court emphasized the need for reasons in decisions and cited a previous case where similar expenses were allowed. It concluded that the expenses were justified by commercial expediency and incidental to the business, aligning with established principles, ruling in favor of the assessee. Case-Laws Income Tax Mon, 05 Apr 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20332