https://www.taxtmi.com/caselaws?id=38530 Unilateral relief under the income-tax provisions was treated as governed by an earlier Bombay HC ruling on the same point, and the assessee's claim was accepted accordingly. A separate contribution made to managed mills for golden jubilee celebrations was held deductible because it was made to advance the assessee's business interests and earn greater commission. The Tribunal's finding that the expenditure was laid out wholly and exclusively for business purposes was treated as a supported finding of fact, and the recipient mills' use of the funds did not change the expenditure's character from the assessee's perspective. en-us Mon, 02 Dec 1974 00:00:00 +0530 Wed, 07 Apr 2010 11:05:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38530 Unilateral relief under the income-tax provisions was treated as governed by an earlier Bombay HC ruling on the same point, and the assessee's claim was accepted accordingly. A separate contribution made to managed mills for golden jubilee celebrations was held deductible because it was made to advance the assessee's business interests and earn greater commission. The Tribunal's finding that the expenditure was laid out wholly and exclusively for business purposes was treated as a supported finding of fact, and the recipient mills' use of the funds did not change the expenditure's character from the assessee's perspective. Case-Laws Income Tax Mon, 02 Dec 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38530