https://www.taxtmi.com/caselaws?id=400563 The HC of Madras upheld the ITAT's decisions concerning the allowability of social and community welfare expenses and expenses for the Chennai Open Tennis Tournament. The Tribunal remitted the welfare expenses issue to the assessing officer, finding no substantial legal questions. It disallowed the tournament expenses deduction, citing insufficient business nexus, and dismissed the appeal without costs. en-us Wed, 14 Oct 2020 00:00:00 +0530 Tue, 05 Nov 2024 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400563 The HC of Madras upheld the ITAT's decisions concerning the allowability of social and community welfare expenses and expenses for the Chennai Open Tennis Tournament. The Tribunal remitted the welfare expenses issue to the assessing officer, finding no substantial legal questions. It disallowed the tournament expenses deduction, citing insufficient business nexus, and dismissed the appeal without costs. Case-Laws Income Tax Wed, 14 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400563