S. 40(a)(i) : Amounts not deductible-Deduction at source-Non-resident-Royalty-For use or right to use of overall ICT infrastructure-Liable to deduct tax at source-Disallowance is justified DTAA-India-Netherlands. [S. 9(1)(vi)(b), 195, Art. 12]

S. 37(1) : Business expenditure-Legal fees-Defending lawsuit filed against it for infringement of patent right-Allowable as revenue expenditure.

S. 37(1) : Business expenditure-Expenditure under (CSR)-Capital or revenue-Allowable as business expenditure.

S. 37(1) : Business expenditure-Carbon Emission reduction-Offered as income in earlier years-Entitle to claim as expenditure if ultimately receipts could not be realized. [S. 4]

S. 37(1) : Business expenditure-Setting up of business-Business of providing information technology application management support services.

S. 37(1) : Business expenditure-Exhibition of tele-serials-expenditure incurred for production of tele-serials-Allowable as revenue expenditure.

S. 37(1) : Business expenditure-Education cess including secondary and higher education cess-Not allowable as deduction.

S. 37(1) : Business expenditure-Interest payment on late payment of tax at source under section 201(1A) is not eligible business expenditure for deduction and it is not compensatory in nature. [S. 201(IA)]

S. 36(1)(va) : Any sum received from employees-Allowable as deduction even if same was paid after due date specified under respective acts but before due date of filing of return under section 139(1)-Amendment to provisions of sections 36(1)(va) and 43B vide Finance Act, 2021 is prospective in nature and would be applicable only from 1-4-2021. [S. 43B, 139(1)]

S. 36(1)(iii) : Interest on borrowed capital-Loans to Subsidiaries-Advance from out of interest free funds available with them at relevant point of time-Disallowance of interest is not valid.