S. 40(a)(ia) : Amounts not deductible-Deduction at source-Contractors-Handling charges-Not liable for deduction of deduction of tax at source on demurrage and railway sidling charges for delayed clearance. [S. 194C]

S. 40(a)(i) : Amounts not deductible-Deduction at source-Non-resident-Royalty-Fes for technical services-Make available-Payment to holding company-Not liable to deduct tax at source-DTAA-India-UK [S. 9(1)(vi, 9(1)(vii), 195, Art. 13]

S. 40(a)(i) : Amounts not deductible-Deduction at source-Non-resident-Royalty-Connectivity charges-Taxable as royalty-Liable to deduct tax at source-DTAA-India-UK.[S.9(1)(vi), 195, Art. 13]

S.37(1): Business expenditure-Business of real estate-Marketing expenses-Not allowable-Expenses which were accumulated in work-in-progress as per Ind AS 115, revenue recognition policy and matching concept of accounting principle, same would be allowed in year in which performance obligation was satisfied.[S. 145]

S. 37(1) : Business expenditure-Project for offshore and onshore supply of super critical turbines for thermal power project-Provision for foreseeable loss-Contingent liability-Accounting Standard 7-Matter is restored to file of Assessing Officer with direction to examine claim of assessee by calling for relevant details.[S. 145]

S. 37(1) : Business expenditure-New hospital same line of business-Common management-Allowable as revenue expenditure. Exempt income-Matter remanded for verifying the expenditure-Consultancy receipts from new hospital unit-Depreciation is allowable. [S. 14A, 32, R.8D]

S. 37(1) : Business expenditure-Sugarcane, purchase-Difference between statutory minimum price and statutory additional price fixed for sugarcane-Component of profit which would be a part of final determination of additional purchase price fixed under clause 5A of sugarcane (Control) Order, 1966-Remaining amount was to be allowed as business expenditure-Matter remanded. [Sugarcane (Control) Order, 1966, Clause 5A]

S. 37(1) : Business expenditure-Builder-Loan processing charges on behalf of buyers-Allowable as deduction.

S. 37(1) : Business expenditure-Renovation and repairs-Licence agreement-Allowable as revenue expenditure.

S. 37(1) : Business expenditure-Interest and processing charges-Letting of properties assessed as business income-Allowable as deduction. [S. 28(i)]