https://www.taxtmi.com/caselaws?id=40006 Politics was treated as a regular and abiding occupation for the purposes of the expenditure-tax exemption for expenditure incurred wholly and exclusively for a profession or occupation. Payments made to support other election candidates and amounts routed through a political party were characterised as gratuitous transfers without quid pro quo, and therefore as gifts or donations. On that basis, such expenditure fell within the statutory exclusion for gifts and donations under the Expenditure-tax Act, 1958, and was outside the taxable expenditure net. en-us Mon, 29 Sep 1975 00:00:00 +0530 Mon, 27 Jul 2026 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40006 Politics was treated as a regular and abiding occupation for the purposes of the expenditure-tax exemption for expenditure incurred wholly and exclusively for a profession or occupation. Payments made to support other election candidates and amounts routed through a political party were characterised as gratuitous transfers without quid pro quo, and therefore as gifts or donations. On that basis, such expenditure fell within the statutory exclusion for gifts and donations under the Expenditure-tax Act, 1958, and was outside the taxable expenditure net. Case-Laws Income Tax Mon, 29 Sep 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40006