Sum paid to Iraq authorities after RBI's approval under 'Oil for food' programme wasn't illegal and

IT: Payments made by assessee as inland transportation charges for delivery of goods and commission payment to parties who rendered services for procurement of order were fully deductible as said expenditures were incurred by assessee for purpose of its business and did not fall under category of an expenditure incurred for any purpose which is an offence or which is prohibited in law in terms of Explanation to section 37(1)