Deduction u/s 10(2)(xv)/37(1) of Income-tax Act, 1922/1961.

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....ing and Weaving Mills and Birla Brothers Pvt. Ltd reported in 82 ITR 166. The Supreme Court in the above cases have held that the law charges incurred in connection with the proceedings before income-tax investigation Commission are allowable as deduction under section 10(2)(xv)/37(1) of Income-tax Act, 1922/1961. Even otherwise such expenditure is to be treated as incidental to the business an....