https://www.taxtmi.com/caselaws?id=28496 Payments made to a district welfare fund as a pre-condition for obtaining export permits for rice were treated as deductible business expenditure only if they could fall within section 37(1). The Court held that a contribution made to secure favourable official action is not an ordinary business outgoing merely because it is commercially expedient, and expenditure opposed to public policy is outside the scope of allowable deduction. Such payments, linked to official permit approval rather than a voluntary contribution, were therefore not deductible and were treated as hit by public policy. en-us Thu, 23 Dec 1982 00:00:00 +0530 Tue, 23 Feb 2010 11:05:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28496 Payments made to a district welfare fund as a pre-condition for obtaining export permits for rice were treated as deductible business expenditure only if they could fall within section 37(1). The Court held that a contribution made to secure favourable official action is not an ordinary business outgoing merely because it is commercially expedient, and expenditure opposed to public policy is outside the scope of allowable deduction. Such payments, linked to official permit approval rather than a voluntary contribution, were therefore not deductible and were treated as hit by public policy. Case-Laws Income Tax Thu, 23 Dec 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28496