TMI BlogTaxpayer's Travel Expenses Denied Due to Missing Credit Card Statements; Lacked Proof for Business Purpose Claims.Disallowance of Travelling and conveyance expenses appearing as credit card payment in the AIR - No doubt, the taxpayer is having details of expenses claimed as reimbursement by the employees but in order to authenticate the same it has not taken on record the copies of the credit card bills of its employees to prove that the expenses have been incurred by the employees for the business purposes. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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