https://www.taxtmi.com/caselaws?id=289627 Salaries and bonuses paid to employees during jail custody were not deductible because the Tribunal found they were not incurred wholly and exclusively for business and the claimed commercial expediency was unproven. By contrast, leave salary payable under the employees' service conditions was deductible, since that liability had accrued through employment and was discharged in satisfaction of an earned contractual right. The reference was therefore decided substantially against the assessee, with deduction allowed only to the limited extent of the leave salary entitlement under section 10(2)(xv). en-us Sun, 29 Apr 1962 00:00:00 +0530 Mon, 10 Aug 2020 12:22:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289627 Salaries and bonuses paid to employees during jail custody were not deductible because the Tribunal found they were not incurred wholly and exclusively for business and the claimed commercial expediency was unproven. By contrast, leave salary payable under the employees' service conditions was deductible, since that liability had accrued through employment and was discharged in satisfaction of an earned contractual right. The reference was therefore decided substantially against the assessee, with deduction allowed only to the limited extent of the leave salary entitlement under section 10(2)(xv). Case-Laws Income Tax Sun, 29 Apr 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289627