THE COMMISSIONER OF INCOME TAX vs. M/S WIPRO LTD
In the result, the appeals are partly allowed
ITA/133/2007HC Karnataka23 Aug 2013
Bench: B.MANOHAR,DILIP B.BHOSALE
Section 260
charitable institutions, social clubs or for
charity do not stand to the test of commercial expediency.
In any case, the expenditure under these heads cannot be
stated to be exclusively for the purposes of business of the
respondent-assessee and to allow it. That apart, the
respondent-assessee has failed to place any material, in
support of their case
