S. 37(1): Business expenditure — Civil contractor — Purchases- No defects was found in the books of account – No disallowance can be made [ S. 145 ]

S.37(1): Business expenditure — Ad hoc disallowance was held to be not sustainable .

S. 37(1) : Business expenditure – Deep excavation and road work related to mining operation was held to be allowable deduction. Miscellaneous capital expenditure was held to be not allowable .

S. 37(1) : Business expenditure -Godown rent, travelling expenses was held to be allowable as deduction.

S. 37(1) : Business expenditure -Reversal of excess income booked earlier year was held to be allowable as deduction .

S. 37(1) : Business expenditure -Donation to trust was held to be allowable as deduction.

S. 37(1) : Business expenditure -Club expenses of employees was held to be allowable as business expenditure .

S. 37(1): Business expenditure – When income is assessed as from profits of business, then expenses incurred by assessee for purpose of earning such income is allowable.

S. 37(1): Business expenditure –Goods destroyed by order of Court order in terms of provisions of prevention of Food Adulteration Act cannot be allowable as business expenditure in view of Explanation to S. 37(1) [ Prevention of Food Adulteration Act , 1954 ]

S. 37(1) : Business expenditure -Freight expenses cannot be disallowed on the ground that no subsidiary ledger was maintained .