https://www.taxtmi.com/caselaws?id=284799 The High Court upheld the ITAT's decision in favor of the assessee, emphasizing commercial expediency in business decisions and the autonomy of the assessee in determining expenditure related to business purposes. The judgment reaffirmed that the Revenue cannot interfere with the business judgment of an assessee as long as there is a valid nexus between the expenditure and the business purpose, supporting the deduction claimed by the assessee. en-us Mon, 22 Apr 2019 00:00:00 +0530 Wed, 11 Dec 2019 15:13:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284799 The High Court upheld the ITAT's decision in favor of the assessee, emphasizing commercial expediency in business decisions and the autonomy of the assessee in determining expenditure related to business purposes. The judgment reaffirmed that the Revenue cannot interfere with the business judgment of an assessee as long as there is a valid nexus between the expenditure and the business purpose, supporting the deduction claimed by the assessee. Case-Laws Income Tax Mon, 22 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284799