Dismissing the appeal the Court held that, expenditure on higher education of daughter of Director is held to be not allowable as deduction, as the higher education is not related to business of the appellant company. In the first round of appeal the Tribunal has  remanded the matter to the file of AO to verify the issue, however the appellant has not produced any evidence to support the claim. (AY. 2001-02 to 2004-05)