https://www.taxtmi.com/highlights?id=53239 Contribution to National H.V..D.C. Project - Deduction u/s 37(1) - Allowable revenue expenditure - It was not a voluntary contribution/donation but was given on specific directions of the Government of India - it was wholly, necessarily and exclusively for the purpose of business - Claim of deduction of expenditure cannot be denied. en-us Thu, 30 Apr 2020 13:45:31 +0530 Thu, 30 Apr 2020 13:45:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53239 Contribution to National H.V..D.C. Project - Deduction u/s 37(1) - Allowable revenue expenditure - It was not a voluntary contribution/donation but was given on specific directions of the Government of India - it was wholly, necessarily and exclusively for the purpose of business - Claim of deduction of expenditure cannot be denied. Highlights Income Tax Thu, 30 Apr 2020 13:45:31 +0530 https://www.taxtmi.com/highlights?id=53239