https://www.taxtmi.com/caselaws?id=400982 The Tribunal allowed the appeal, overturning the disallowance of club services and facilities expenses for business promotion. Relying on previous case laws and the purpose of the expenses, the Tribunal found the expenses deductible under section 37(1) of the Income Tax Act. The decision underscores the significance of providing comprehensive explanations and evidence to support business expenditure claims, emphasizing the necessity of establishing a clear business purpose for such expenses to ensure their deductibility. en-us Wed, 23 Sep 2020 00:00:00 +0530 Mon, 30 Nov 2020 16:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400982 The Tribunal allowed the appeal, overturning the disallowance of club services and facilities expenses for business promotion. Relying on previous case laws and the purpose of the expenses, the Tribunal found the expenses deductible under section 37(1) of the Income Tax Act. The decision underscores the significance of providing comprehensive explanations and evidence to support business expenditure claims, emphasizing the necessity of establishing a clear business purpose for such expenses to ensure their deductibility. Case-Laws Income Tax Wed, 23 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400982