S. 37(1) : Business expenditure-Salary, depreciation, audit fees-Not earning any income-Expenditure to maintain corporate entity-Directed to allow 25 Per Cent. of expenditure.

S. 37(1) : Business expenditure-Grading and certification expenses-Payments were made after deducting tax at source-Ad-hoc disallowance is not justified.

S. 37(1) : Business expenditure-Capital or revenue-Land registration charges-Lease of property-Allowable as revenue expenditure.

S.37(1): Business expenditure-Trade samples-Assessing Officer to allow relief in event same income gets doubly taxed-Sales return-Not allowable-Expenditure incurred with reference to refurbishment of retail showroom-Allowable as revenue expenditure

S. 37(1) : Business expenditure-Interest on deposits-Allowable as deduction. [Electricity Act, 2003, S.47(4)]

S. 36(1)(vii) : Bad debt-Advance to purchase of property-Mere write-off of advances for purchase of property is not allowable as bad debt. [S. 36(2)]

S. 35 : Expenditure on scientific research-Weighted deduction — Certificate produced before CIT(A)-Balance amount allowed as revenue expenditure.[S. 35(2AB)((6)(d) 37(1)]

S. 32 : Depreciation — Vehicle registered as City bus-Commercial Vehicle-Eligible depreciation at higher rate.

S. 28(iv) : Business income-Value of any benefit or perquisites-Converted in to money or not-Receipt of equipment from client for testing purpose —Assessee cannot prove negative fact-Addition is not sustainable.

S. 28(i) : Business income — Transfer of business-Derecognition of income pertaining to consumer’s portion overachievement of minimum target of efficiency gain — Not income.[S. 4]