Sponsoring of the trainee in the field not related to assessee’s business isn’t allowable

HIGH COURT OF CALCUTTA Standipack (P.) Ltd. Versus Commissioner of Income-tax IT APPEAL NOS. 98, 99 & 265 OF 2003 AUGUST 30, 2012 JUDGMENT Joymalya Bagchi, J. The aforesaid appeals have been heard analogously and are being disposed of by a common judgement and order since they relate to similar questions of law and facts. I.T.A. No. 98 of 2003 was admitted in respect of assessment year 1991-92 on the following questions of law :  (I)  Whether on the facts and in the circumstances of the case the tribunal misdirected itself in law and it adopted a wholly erroneous approac...