2014 (1) TMI 37

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..... r travel agent service is admissible as credit - value of travel stand paid by the company office indicating that the air travel was undertaken by the employees in connection with the business of appellant. In terms of provisions of Income Tax law an assessee cannot incur any expenses of any personal nature on any of its employees/Director. Inasmuch as it is the appellant who had paid for said air .....

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..... e further observed that the appellants have failed to produce any evidence on record to show that the air travel was undertaken by the employees in connection with their business. 2. I find that the issue is no more res integra and stand settled by various decisions. One such reference can be made to Tribunal s decision in the case of Commissioner of Central Excise, Ahmedabad v. Fine Care Biosys .....

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