https://www.taxtmi.com/caselaws?id=33696 The High Court dismissed the appeal, ruling that the company failed to prove a direct nexus between the conditional donations made to secure college admissions and its business interests. The court held that the payments did not qualify as deductible business expenses under the claimed category of "staff welfare expenses." The appeal was dismissed in favor of the Revenue, with no order as to costs. en-us Fri, 22 Aug 2008 00:00:00 +0530 Fri, 05 Jun 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33696 The High Court dismissed the appeal, ruling that the company failed to prove a direct nexus between the conditional donations made to secure college admissions and its business interests. The court held that the payments did not qualify as deductible business expenses under the claimed category of "staff welfare expenses." The appeal was dismissed in favor of the Revenue, with no order as to costs. Case-Laws Income Tax Fri, 22 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33696