Tribunal held that the donation made by the assessee to the trust for welfare of the employees was expenditure wholly and exclusively for the purpose of the assessee’s business and the expenses allowable deduction.
( AY. 2009 -10)
ACIT v. Chambal Fertilisers And Chemicals Limited. (2018) 61 ITR 33 (Jaipur) (Trib)
S. 37(1) : Business expenditure -Donation to trust was held to be allowable as deduction.