S. 40(a)(ia) : Amounts not deductible-Deduction at source-Copies of PAN along with copies of invoices of transportation bill etc. was furnished-Disallowance cannot be made on technical ground. [S. 194C (7)]

S. 40(a)(i) : Amounts not deductible-Deduction at source-Non-resident-Royalty-Software purchased is a copyrighted article-Not liable to deduct tax at source-DTAA-India-USA. [S. 9(1)(vi), 195, Art. 9]

S. 40(a)(i) : Amounts not deductible-Deduction at source-Non-resident-Fes for technical services-Grant of license to use its intellectual property and also availed of management services-Services were managerial in nature and not technical services-Not liable to deduct TDS on same-DTAA-India-UK. [S. 195, Art. 13(4)]

S. 40(a)(i) : Amounts not deductible-Deduction at source-Non-resident-Commission payment-Not liable to deduct tax at source-DTAA-India-France. [S. 9(1)(vi), 195, Art. 7, 12]

S. 37(1) : Business expenditure-Real estate business-New project-Work in progress-Sales promotion and advertisement expenses-allowable as revenue expenditure. [AS. 2]

S. 37(1) : Business expenditure-Freebies to doctors-Matter referred to larger bench of three or more members to consider question as to allowability of expenditure. [S. 143(3), 153A Indian Medical Council (Professional Conduct, Etiquette and Ethics) Regulations, 2002. S. 20A]

S. 37(1) : Business expenditure-Sub-brokerage-Held to be allowable as deduction.

S. 37(1) : Business expenditure-Freight inward expenses-Incurred in cash-Supported by self made vouchers-Disallowance is restricted to 7.5 %.

S. 37(1) : Business expenditure-Pre-Operative expenses-Real estate business-Do not form part of work in progress-Office expenses, salaries, advertising, travelling expenses which are incurred for running of business operations are to be treated as revenue expenditure and allowed as deduction.

S. 36(1)(iii) : Interest on borrowed capital-Own funds are more than interest free investment-No disallowance can be made.