https://www.taxtmi.com/caselaws?id=38819 A deduction for a payment to a manager was claimed as business expenditure said to reimburse entertainment, presents and commission allegedly incurred to promote sales. The Court held that the assessee first had to prove that such expenditure was actually incurred for the asserted business purpose. The Tribunal's finding that there was no even indirect evidence of expenditure incurred on behalf of the company was a binding finding of fact. On that basis, the assessee failed to discharge the burden of proving a genuine business outlay, and the deduction was disallowed. en-us Thu, 15 Jul 1976 00:00:00 +0530 Fri, 09 Apr 2010 12:18:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38819 A deduction for a payment to a manager was claimed as business expenditure said to reimburse entertainment, presents and commission allegedly incurred to promote sales. The Court held that the assessee first had to prove that such expenditure was actually incurred for the asserted business purpose. The Tribunal's finding that there was no even indirect evidence of expenditure incurred on behalf of the company was a binding finding of fact. On that basis, the assessee failed to discharge the burden of proving a genuine business outlay, and the deduction was disallowed. Case-Laws Income Tax Thu, 15 Jul 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38819