https://www.taxtmi.com/caselaws?id=793998 Business expenditure for flood-relief housing and infrastructure sharing may be deductible where commercial prudence, business goodwill, genuineness and business nexus are established. Documentary support prevents ad hoc disallowance of vehicle, transport and other expenses based only on suspicion. Transport payments are not subject to disallowance where the prescribed PAN-based condition is met, despite a separate reporting lapse. Interest reflected in Form 26AS is not taxable without accrual, and tax-deduction credit follows the year of assessment. Repairs to rented premises are not capital merely because of their scale. A crystallised customs-duty liability paid before the return-filing due date is deductible, while customer advances do not trigger remission-of-liability taxation if the export obligation continues. en-us Mon, 27 Apr 2026 00:00:00 +0530 Sat, 27 Jun 2026 08:33:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793998 Business expenditure for flood-relief housing and infrastructure sharing may be deductible where commercial prudence, business goodwill, genuineness and business nexus are established. Documentary support prevents ad hoc disallowance of vehicle, transport and other expenses based only on suspicion. Transport payments are not subject to disallowance where the prescribed PAN-based condition is met, despite a separate reporting lapse. Interest reflected in Form 26AS is not taxable without accrual, and tax-deduction credit follows the year of assessment. Repairs to rented premises are not capital merely because of their scale. A crystallised customs-duty liability paid before the return-filing due date is deductible, while customer advances do not trigger remission-of-liability taxation if the export obligation continues. Case-Laws Income Tax Mon, 27 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793998