The phrase "any expenditure" as stated in Section 37 encompasses losses that are incurred during the course of business and are related to it. However, if the loss is incurred for an unlawful or prohibited purpose, it cannot be considered as an expenditure and cannot be deducted under Explanation 1 to Section 37. Additionally, losses resulting from penalties or confiscation cannot be claimed as a deduction as they are not incidental to any business. To summarize, Section 37 includes losses incurred during the course of business, but losses incurred for illegal purposes are not deductible under Explanation 1 to Section 37. Losses resulting from penalties or confiscation cannot be claimed as a deduction as they are not incidental to any business.

The phrase "any expenditure" as stated in Section 37 encompasses losses that are incurred during the course of business and are related to it. However, if the loss is incurred for an unlawful or prohibited purpose, it cannot be considered as an expenditure and cannot be deducted under Explanation 1 to Section 37. Additionally, losses resulting from penalties or confiscation cannot be claimed as a deduction as they are not incidental to any business. To summarize, Section 37 includes losses incurred during the course of business, but losses incurred for illegal purposes are not deductible under Explanation 1 to Section 37. Losses resulting from penalties or confiscation cannot be claimed as a deduction as they are not incidental to any business.

The phrase "any expenditure" as stated in Section 37 encompasses losses that are incurred during the course of business and are related to it. However, if the loss is incurred for an unlawful or prohibited purpose, it cannot be considered as an expenditure and cannot be deducted under Explanation 1 to Section 37. Additionally, losses resulting from penalties or confiscation cannot be claimed as a deduction as they are not incidental to any business. To summarize, Section 37 includes losses incurred during the course of business, but losses incurred for illegal purposes are not deductible under Explanation 1 to Section 37. Losses resulting from penalties or confiscation cannot be claimed as a deduction as they are not incidental to any business.

The phrase "any expenditure" as stated in Section 37 encompasses losses that are incurred during the course of business and are related to it. However, if the loss is incurred for an unlawful or prohibited purpose, it cannot be considered as an expenditure and cannot be deducted under Explanation 1 to Section 37. Additionally, losses resulting from penalties or confiscation cannot be claimed as a deduction as they are not incidental to any business. To summarize, Section 37 includes losses incurred during the course of business, but losses incurred for illegal purposes are not deductible under Explanation 1 to Section 37. Losses resulting from penalties or confiscation cannot be claimed as a deduction as they are not incidental to any business.

The phrase "any expenditure" as stated in Section 37 encompasses losses that are incurred during the course of business and are related to it. However, if the loss is incurred for an unlawful or prohibited purpose, it cannot be considered as an expenditure and cannot be deducted under Explanation 1 to Section 37. Additionally, losses resulting from penalties or confiscation cannot be claimed as a deduction as they are not incidental to any business. To summarize, Section 37 includes losses incurred during the course of business, but losses incurred for illegal purposes are not deductible under Explanation 1 to Section 37. Losses resulting from penalties or confiscation cannot be claimed as a deduction as they are not incidental to any business.

The phrase "any expenditure" as stated in Section 37 encompasses losses that are incurred during the course of business and are related to it. However, if the loss is incurred for an unlawful or prohibited purpose, it cannot be considered as an expenditure and cannot be deducted under Explanation 1 to Section 37. Additionally, losses resulting from penalties or confiscation cannot be claimed as a deduction as they are not incidental to any business. To summarize, Section 37 includes losses incurred during the course of business, but losses incurred for illegal purposes are not deductible under Explanation 1 to Section 37. Losses resulting from penalties or confiscation cannot be claimed as a deduction as they are not incidental to any business.