Court Rules Club Expenses Valid for Business, Lacks Evidence to Support AO's Disallowance Decision.

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....Disallowance of Club expenses - since, the nexus of the expenditure incurred at Clubs with its business was established by the assessee then in the absence of any tenable or cogent material to rebut or controvert the same, the disallowance made by the AO on account of Club expenses was not tenable....