incurred is thus for business purposes when not alleged
for any extraneous consideration. It is another matter to question the
expediency of such expenditure which
factors to be considered. Therefore, sale consideration as per the invoices cannot embrace the benefits flowing from consideration extraneous to sale contracts. That
equitable construction of the aforesaid taxing statute by introducing irrelevant and extraneous consideration of a "small man" or a "poor
doing so, the valuer has considered some extraneous
consideration inasmuch as he has given much weigtage to the involvement of
unaccounted money at the time
regular business transaction and it was not for any extraneous
consideration. In the regular course of business purchases
and sales have been made with ... clear that the payments are not
towards marketing expenses but for extraneous consideration and with a
view to reduce its taxable profits
whom
the tax on dividend is levied is an irrelevant and extraneous
consideration for its application. There is nothing in the Article
which suggests that
regular business transaction and it was not
for any extraneous consideration. In the regular course of business
purchases and sales have been made with
agreement with SCPL clearly point out that there is
absolutely no extraneous consideration and a very fair and attractive
return is ensured to the trust
regular business transaction and it
was not for any extraneous consideration. In the regular course of business
purchases and sales have been made with
adjudicated the issue in favour of the assessee on
extraneous consideration. The genuineness of purchase and sale of
shares is not in question as purported
