Tribunal held that the salary payment to employees is allowable as deduction .Explanation 1 to section 37 of the would not be attracted. ( AY.2011-12, 2012-13)
AddCIT v. National Research Development Corporation (2020) 78 ITR 56 (SN) ( Delhi) (Trib)
S. 37(1) : Business expenditure – Salaries to employees- Allowable as deduction – Explanation I is not applicable .