https://www.taxtmi.com/caselaws?id=39871 Legal expenses incurred to defend a criminal prosecution against a company's director and employees were held deductible where the prosecution arose from acts connected with the ordinary course of business and the expenditure was incurred wholly and exclusively for business purposes. The Court applied its earlier decision in the assessee's own case and treated the defence costs as necessary to protect the business's reputation and good name. The amount spent was not in dispute, and the deduction under the business expenditure provision was allowed in favour of the assessee. en-us Tue, 01 May 1973 00:00:00 +0530 Tue, 20 Apr 2010 17:36:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39871 Legal expenses incurred to defend a criminal prosecution against a company's director and employees were held deductible where the prosecution arose from acts connected with the ordinary course of business and the expenditure was incurred wholly and exclusively for business purposes. The Court applied its earlier decision in the assessee's own case and treated the defence costs as necessary to protect the business's reputation and good name. The amount spent was not in dispute, and the deduction under the business expenditure provision was allowed in favour of the assessee. Case-Laws Income Tax Tue, 01 May 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39871