https://www.taxtmi.com/caselaws?id=38558 Expenditure incurred for employee remuneration and related reimbursement was deductible as business expenditure because it was found to have been spent for the assessee's business and was not an unlawful outlay. The fact that the payment arose in a statutory setting, or that the managed company had earlier been unable to secure sanction, did not by itself make the assessee's payment non-deductible. The deduction was therefore upheld on ordinary business principles. en-us Fri, 26 Sep 1975 00:00:00 +0530 Wed, 07 Apr 2010 12:19:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38558 Expenditure incurred for employee remuneration and related reimbursement was deductible as business expenditure because it was found to have been spent for the assessee's business and was not an unlawful outlay. The fact that the payment arose in a statutory setting, or that the managed company had earlier been unable to secure sanction, did not by itself make the assessee's payment non-deductible. The deduction was therefore upheld on ordinary business principles. Case-Laws Income Tax Fri, 26 Sep 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38558