In the result, the appeal is partly allowed for statistical purposes
Bench: Shri Kul Bharat & Shri Anadee Nath Misshra
section 37(1) are satisfied, it is not proper on the part of AO to probe as to whether the expenditure was legitimate or necessary. « CIT v. Tirrihannah Co. Ltd. [(1992) 195 ITR 393 (Cal.)] Tea samples and complimentary tea distributed to th4e shareholders, I.T.A. No.649/Lkw/2024 Assessment Year:2017-18 5 directors and friends at the annual general meeting