S. 40(a)(ia) : Amounts not deductible-Deduction at source-Discount offered to distributors for promotion of sales-Not commission-Not liable to deduct tax at source-No disallowances can be made-Trade discount allowable as business expenditure. [S. 194H]

S. 40(a)(ia) : Amounts not deductible-Deduction at source-Deducting tax at one Per Cent. instead of two per cent-No disallowance can be made.

S. 37(1) : Business expenditure-Telephone and Telex, Vehicle running and maintenance and depreciation on Vehicle-Ad hoc addition of ten per cent-Not sustainable-Expenditure on software matter remanded.

S. 37(1) : Business expenditure-Profits on sale of asset–Prior period expenses-Earned leave paid to employees-Matter remanded to the Assessing Officer. [S. 254(1)]

S. 37(1) : Business expenditure-Capital or revenue- Differential lease premium and processing fees-Fixed asset-Capital expenditure- Depreciation allowable. [S. 32]

S. 37(1) : Business expenditure-Marketing expenses-Mobile handsets issued free of cost to after-Marketing services Centers, annual maintenance and services contractors, dealers and employees-Cost allowable as business expenditure–Trade discount also allowable as business expenditure.

S. 37(1) : Business expenditure-Recruitment of employees-Held to be allowable as deduction.

S. 37(i) : Business expenditure-Grants to Philanthropic Organisations and recreational clubs-In terms of agreement between management and employees union-Allowable as deduction.

S. 37(i) : Business expenditure-Provision for future expenses- Construction of stations and tunnels for the Bangalore metro-Matter remanded to the Assessing Officer. [S. 145].

S. 37(1) : Business expenditure-Capital or revenue-Admission fees paid to Stock Exchange for membership is capital expenditure- Membership of Stock Exchange is a capital asset- Depreciation is allowable. [S. 2(14), 32 National Stock Exchange Rules, 18(b)]