TMI Blog2019 (3) TMI 587X X X X Extracts X X X X X X X X Extracts X X X X ..... id not agree with the assessee's accounts for allocation of expenditure and further that the assessee had sufficient interest free funds to make such investments. This issue is squarely covered by the decision of this Court in the case of HDFC Bank Ltd Vs. Deputy CIT [2016 (3) TMI 755 - BOMBAY HIGH COURT]. No question of law, therefore, arises. Disallowance of foreign travelling expenses - expe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Ghatge Patil Transports Ltd. [2014 (10) TMI 402 - BOMBAY HIGH COURT]. - INCOME TAX APPEAL NO. 1843 OF 2016 - - - Dated:- 6-3-2019 - AKIL KURESHI M.S. SANKLECHA, JJ. Mr. Sham Walve for the Appellant Mr. Divesh Chawla i/by Atul Jasani for the Respondent P.C.: 1. This appeal is filed by the Revenue to challenge the judgment of the Income Tax Appellate Tribunal ( the Tribuna ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ively for business purposes and cannot be said that the wife has contributed directly to the business of the assessee concerned therein? (iii) Whether on the facts and in the circumstances of the case and in law, the Tribunal was justified in deleting the disallowance of ₹ 7,00,094/- u/s. 36(1)(va) of the Income Tax Act, 1961 without appreciating the fact that when the employer fails to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uch investments. This issue is squarely covered by the decision of this Court in the case of HDFC Bank Ltd Vs. Deputy CIT (Bom) (2016) 383 ITR 529 (Bom). No question of law, therefore, arises. 3. The second question pertains to the Revenue's objection to the respondent assessee company bearing the expenditure of foreign travel of the wife of the chairman and claimed it as allowable expe ..... X X X X Extracts X X X X X X X X Extracts X X X X
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