Basic condition for allowability of foreign travel eaxpense

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..... Basic condition for allowability of foreign travel eaxpense
Query (Issue) Started By: - Vikas Aggarwal Dated:- 27-6-2012 Last Reply Date:- 5-10-2012 Income Tax
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Income Tax
Dea .....

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..... r Sir/madam, Can you help me if in this issues, a private limited company claim deduction of foreign travel expense of his director, but there was no income arise from foriegn country, however compan .....

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..... y raised an ECB Loan from UK & justified that purpose of forign travel was to held meeting from bank for discussion in this loan, apart from this director also visit abroad otherthan UK. Whether all .....

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..... foreign expense allowable under Income Tax Act. Regards CA Vikas Aggarwal Reply By CA GOPALJI AGRAWAL: The Reply: We have to produce the corroborative evidence to prove that the travelling was on .....

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..... account of business expediency not personal one,
Discussion Forum - Knowledge Sharing .....

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