S. 40A(2) : Expenses or payments not deductible–Excessive or unreasonable-Rent-Maintenance charges, location, and applicability of relevant provisions — No evidence regarding unreasonableness of rent-No disallowance can be made. [S. 40(2)(b)]

S. 40(a)(ia) : Amounts not deductible-Deduction at source –Amendment to effect that if tax deducted at source paid on or before due date for filing return disallowance not warranted-Retrospective in operation-Remitting tax deduction at source amount before due date for filing return-No disallowance can be made. [S. 139(1)]

S. 40(a)(ia) : Amounts not deductible-Deduction at source–Burden is on assessee to prove recipient declared income in its gross income-Interest to be calculated for the period of default. [S. 201(1), 201(IA)]

S. 37(1) : Business expenditure–Liquidated damages–Interest-Breach of agreement and not breach of law-Corporate club membership fees-Allowable as deduction. [S. 35ABB]

S. 37(1) : Business expenditure-Pre-operative expenses-advertisement, marketing and promotion expenses to keep products fresh in minds of public-No enduring benefit-Allowable as revenue expenditure.

S. 37(1) : Business expenditure-Capital or revenue–Development of software–Held to be revenue in nature.

S. 37(1) : Business expenditure-Management charges to holding Company-Remanded matter to AO.

S. 37(1) : Business expenditure-Sales promotional expenses–Held to be allowable as business expenditure. [Medical Council (Professional Conducts, Etiquettes and Ethics) Regulation Act, 2002]

S. 37(1) : Business expenditure-Pooja donation-Local entities–Charities-Allowable as business expenditure.

S. 37(1) : Business expenditure–Expenditure on issue of bonus shares-Held to be allowable as revenue expenditure.