https://www.taxtmi.com/caselaws?id=39893 Expenses reasonably and honestly incurred to protect a business, preserve its assets, or resist executive interference may qualify as deductible business expenditure under section 10(2)(xv) of the Indian Income-tax Act, 1922. The test depends on the nature and purpose of the civil proceeding in relation to the business, not on whether the proceeding ultimately succeeds. Where litigation is brought to challenge an executive order restricting business activity and to recover seized goods, and is not a criminal defence to a breach charge, the expenditure is laid out wholly and exclusively for the purposes of the business and is deductible. en-us Mon, 19 Sep 1966 00:00:00 +0530 Sat, 16 Aug 2014 09:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39893 Expenses reasonably and honestly incurred to protect a business, preserve its assets, or resist executive interference may qualify as deductible business expenditure under section 10(2)(xv) of the Indian Income-tax Act, 1922. The test depends on the nature and purpose of the civil proceeding in relation to the business, not on whether the proceeding ultimately succeeds. Where litigation is brought to challenge an executive order restricting business activity and to recover seized goods, and is not a criminal defence to a breach charge, the expenditure is laid out wholly and exclusively for the purposes of the business and is deductible. Case-Laws Income Tax Mon, 19 Sep 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39893