S. 40(a)(ia): Amounts not deductible-Deduction at source-Provision for various expenses-Not in apposition to identify the parties /creditors-Provisions which were made on estimate basis were reversed in month of April i.e. in subsequent financial year and that when payments were made based on actual invoices, tax was deducted at source as per provisions of Act-Disallowance is deleted. [ S. 145]

S. 40(a)(i) : Amounts not deductible-Deduction at source-Non-resident-Payment of re-insurance premium foreign insurers-Foreign Insurance company has no business or branch in India-No violation of provisions of Insurance Act-No obligation to deduct tax at source. [ S.9(1)(i), 195]

S. 40(a)(i) : Amounts not deductible-Deduction at source-Non-resident-Royalty-Advertisement agency-Website owner-Not royalty-Not liable to deduct tax at source-DTAA-India-Ireland.[ S. 9(1)(vi), 195, art.12]

S. 37(1) : Business expenditure-Company-No personal-Vehicle running expenses-Depreciation-Telephone and mobile expenses-Disallowance cannot be made on account of personal use-Employees contribution-Paid before due date of filing of return-Allowable as deduction. [ S. 32(1)(ii),36(1)(va), 139(1)]

S. 37(1) : Business expenditure-Service charges paid to group company-Allowable as revenue expenditure.

S.37(1): Business expenditure-Payment of re-insurance premium foreign insurers-Foreign Insurance company has no business or branch in India-No violation of provisions of Insurance Act-Provision of Explanation 1 to section 37 is not applicable. [ S. 37(1), Explanation, Insurance Act, 1838]

S. 37(1) : Business expenditure-Legal expenses to protect the voting rights in the company-Chairman of the company-Allowable as business expenditure.

S. 37(1) : Business expenditure-Subscription fees-Donation-Research programme-Training in the theory of disruptive innovation-Allowable as business expenditure-Sponsorship for luggage prize-No evidence is furnished-Not allowable as deduction-Brand building expenditure-Advertisement expenses-Matter remanded.

S. 37(1) : Business expenditure-Statutory contribution-Settlement Guarantee Fund (Core SGF)-Allowable as deduction-Lease premium-Remanded to the Assessing Officer-Maintenance charges from tenants-Matter remanded to the file of CIT(A).

S. 37(1) : Business expenditure-Discount on issue of ESOPs i.e., difference between grant price and market price of shares as on date of grant of options is allowable as a deduction.