Destruction of Pan Masala stock on court's order due to impermissible limits of magnesium carbonate disallowed u/s 37(1) being prohibited…
Penalty for late filing VAT return-balance sheet held non compensatory and disallowed as per Explanation -1 to section 37 as…
Legal expenses to defend writ filed to quash mining lease of the company are revenue expenditure not capital expenditure and…
Disallowance u/s 37 for legal fee paid in excess of damages received in the relevant case deleted. Profit in immediate…
Secretive commission payment not allowable us 37(1). It was in the nature of bribe to procure business which is prohibited…
Detention and Demurrage Charges disallowance us 37(1) deleted as they represented contractual charges paid for delay in loading/unloading of material…