No deduction if assessee failed to prove that service availed from AE was for business purpose: HC

IT : Where assessee claimed as revenue expenditure amount paid to its associate company, for providing various expert advisory and other security related services and knowhow but had failed to explain how agreement entered into between them had facilitated its business, payment made to said company could not be allowed as business expenditure not being expended wholly and exclusively for business purposes

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Tally - Auto Entry Utility

Hi guys, For those making year end entries in tally and those having huge volume of entries carrying some frequencies (daily/weekly/month...