https://www.taxtmi.com/caselaws?id=34383 The High Court dismissed the revenue's appeals, affirming the Tribunal's decision that service charges paid by the assessee firm were allowable deductions. The Court found the payments reasonable and necessary for the business, emphasizing the lack of concrete evidence to prove excessiveness or unreasonableness. The professional expertise provided by the service provider and the contribution to increased turnover supported the conclusion that the payments were justified. en-us Tue, 30 Jun 2009 00:00:00 +0530 Sat, 05 Sep 2009 12:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34383 The High Court dismissed the revenue's appeals, affirming the Tribunal's decision that service charges paid by the assessee firm were allowable deductions. The Court found the payments reasonable and necessary for the business, emphasizing the lack of concrete evidence to prove excessiveness or unreasonableness. The professional expertise provided by the service provider and the contribution to increased turnover supported the conclusion that the payments were justified. Case-Laws Income Tax Tue, 30 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34383