https://www.taxtmi.com/caselaws?id=39649 The High Court held that donations to the Chief Minister's Drought Relief Fund were not deductible as business expenses under section 37(1) of the Income-tax Act, 1961. The donations were deemed voluntary and could be claimed as deductions under section 80G of the Act. The Court emphasized that for an expense to be deductible under section 37(1), it must be necessary for the business. Therefore, the Tribunal's decision to allow the deduction as business expenses was not justified, and the donations were considered eligible for deduction under section 80G(2)(a)(v) as contributions to charity. en-us Fri, 18 Jul 1975 00:00:00 +0530 Mon, 19 Apr 2010 14:12:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39649 The High Court held that donations to the Chief Minister's Drought Relief Fund were not deductible as business expenses under section 37(1) of the Income-tax Act, 1961. The donations were deemed voluntary and could be claimed as deductions under section 80G of the Act. The Court emphasized that for an expense to be deductible under section 37(1), it must be necessary for the business. Therefore, the Tribunal's decision to allow the deduction as business expenses was not justified, and the donations were considered eligible for deduction under section 80G(2)(a)(v) as contributions to charity. Case-Laws Income Tax Fri, 18 Jul 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39649