TMI BlogAllowable deduction u/s 37(1) - expenditure incurred by the assessee by way of payment to Knight Riders...Allowable deduction u/s 37(1) - expenditure incurred by the assessee by way of payment to Knight Riders Sports Pvt. Ltd. for obtaining sponsorship rights in favour of Star India Pvt. Ltd. - Business nexus established - deduction allowed - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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