Court Approves Assessee's Claim of Expenditure u/s 37 for Employee-Induced Loss to IHCL, Deeming it Legitimate.

Addition under the head of 'fraud payment'- The failure by the Assessee's employees to do so resulted in a legal liability on the Assessee to make good the loss to IHCL - claim of expnediture u/s 37 allowed - HC .....

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