Supreme Court Lawyer's Scholarship Expenses Approved as Business Expense u/s 37(1) for Professional Purpose.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Expenditure allowable u/s 37 (1) - disallowance ‘Scholarship Expenses’ - incurred wholly and exclusively for the purpose of the profession of the appellant or not - the appellant is a well known Supreme Court Lawyer. The agreement with Exeter College, the University of Oxford, exhibited hereinabove, is self-explanatory. - Claim of expenses allowed - AT....