https://www.taxtmi.com/caselaws?id=394952 A government-approved, business-linked contribution to the National HVDC Project was treated as revenue expenditure, because it supported indigenous electricity technology and was not regarded as a voluntary donation or capital outlay; the deduction was therefore allowable under section 37(1). Employees' provident fund contributions were also held not liable to disallowance on the facts, because the assessee's provident fund regime permitted deposits with the PF Trust without a fixed statutory due date, and no distinguishing feature justified a different view under section 36(1)(va). en-us Tue, 21 Jan 2020 00:00:00 +0530 Thu, 24 Dec 2020 17:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394952 A government-approved, business-linked contribution to the National HVDC Project was treated as revenue expenditure, because it supported indigenous electricity technology and was not regarded as a voluntary donation or capital outlay; the deduction was therefore allowable under section 37(1). Employees' provident fund contributions were also held not liable to disallowance on the facts, because the assessee's provident fund regime permitted deposits with the PF Trust without a fixed statutory due date, and no distinguishing feature justified a different view under section 36(1)(va). Case-Laws Income Tax Tue, 21 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394952