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)]

S. 36(1)(iii) : Interest on borrowed capital-Interest on car loan-Car Loan amount directly disbursed to seller of car-Own fund utilized for advancing interest free loan-Disallowance of interests is not justified.

S. 35D : Amortisation of preliminary expenses-Inconsistency in manner of claiming expenditure-Deduction of the fresh expenditure allowable only as per S.35D of the Act .

S. 32 : Depreciation-Voice recording software licences-Entitled to Sixty Per Cent.

S. 28(i) : Business loss-Foreign exchange fluctuation exchange rates -Loans were not used for import of capital goods-Loss allowable as business loss. [S. 37(i)]

S. 14A : Disallowance of expenditure-Exempt income-Assessing Officer should examine correctness of claim that no expenses were incurred after making reference to Account-Without recording the dissatisfaction no disallowance can be made. [S. 10(34), R.8D ]