https://www.taxtmi.com/caselaws?id=471394 Revenue expenditure incurred for business remains deductible under section 37 where the tax authorities reject a claim for capital scientific-research expenditure under section 35(1)(iv) but characterise the expenditure as revenue in nature. The disallowance of that expenditure was therefore to be deleted, subject to satisfaction of section 37 requirements. Customs-duty reimbursement claimed for an amount paid by a third party requires factual verification of the payment and reimbursement; that issue was remitted for fresh verification. en-us Fri, 04 Apr 2025 00:00:00 +0530 Tue, 01 Sep 2026 19:02:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471394 Revenue expenditure incurred for business remains deductible under section 37 where the tax authorities reject a claim for capital scientific-research expenditure under section 35(1)(iv) but characterise the expenditure as revenue in nature. The disallowance of that expenditure was therefore to be deleted, subject to satisfaction of section 37 requirements. Customs-duty reimbursement claimed for an amount paid by a third party requires factual verification of the payment and reimbursement; that issue was remitted for fresh verification. Case-Laws Income Tax Fri, 04 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471394