https://www.taxtmi.com/caselaws?id=297308 The ITAT, Bangalore, allowed the assessee's appeal for Assessment Year 2012-13 regarding the disallowance of the contribution to FIMI under section 37(1) of the Income Tax Act, 1961. The ITAT upheld the claim, considering the commercial expediency and advantage gained by the assessee, aligning with previous judicial decisions. en-us Wed, 03 Jul 2019 00:00:00 +0530 Thu, 26 Aug 2021 21:35:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297308 The ITAT, Bangalore, allowed the assessee's appeal for Assessment Year 2012-13 regarding the disallowance of the contribution to FIMI under section 37(1) of the Income Tax Act, 1961. The ITAT upheld the claim, considering the commercial expediency and advantage gained by the assessee, aligning with previous judicial decisions. Case-Laws Income Tax Wed, 03 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297308