2020 (12) TMI 438

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..... urga Rao, Member (J) 1. This appeal filed by the Assessee is directed against the order of the learned Commissioner of Income Tax (Appeals)-1, Madurai in I.T.A. No. 49/2017-18, dated 31.08.2018 relevant to the assessment year 2014 - 2015. 2. The brief facts of the case is that the Assessee is an individual carrying on the business of quarrying granite boulders and manufacturing blue metal since .....

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..... ssee was denied. The case of the Assessee before the Assessing Officer is that the Assessee has taken a training that was conducted by INSEAD which was one among the top business schools in the world. The name of the programme is "Transition to General Management Programme" which is a four week programme conducted in France and Singapore. The programme covers Organization leadership, Finance and .....

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..... ions before the Assessing Officer. The learned Departmental Representative strongly supported the orders of the authorities below and also further submitted that the training undergone by the Assessee and the business carried on by the Assessee has no nexus. Therefore, the expenditure incurred by the Assessee cannot be stated for the purpose of business and the same cannot be allowed. 6. We have .....

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..... ssessee cannot be allowed because the production and turnover had fallen down and Government has not extended his license. The view expressed by the Assessing Officer was also confirmed by the learned Commissioner of Income Tax (Appeals). From the assessment order and also from the order of the learned Commissioner of Income Tax (Appeals) and by considering the arguments of the Assessee and also t .....

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..... evant factors to deny the business expenditure claimed by the Assessee. 8. In view of the above, we are of the opinion that the entire expenditure incurred by the Assessee for attending two separate training courses for acquiring knowledge and technical expertise for better management of the process are directly connected to the business of the Assessee. Therefore, the same has to be allowed. Acc .....

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