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TMI Blog2020 (12) TMI 438X X X X Extracts X X X X X X X X Extracts X X X X ..... or implementation of systems and new techniques. In the present case, the Assessee has did the same thing. Simply because the turnover has fallen down and further granting license is pending before the Government are not at relevant factors to deny the business expenditure claimed by the Assessee. 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. Allow the appeal filed by the Assessee. - I.T.A. No. 3238/Chny/2018 - - - Dated:- 18-11-2020 - V. Durga Rao, Member (J) And S. Jayaraman, Memb ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... SEAD 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 Management Accounting, Operations Management, Negotiation and decision making, Personal Leadership Development and other subjects. He also submitted that he had also undergone a training from M/s. Smmart Transganization Private Limited for transforming the organization by implementing systems and process. So far as suspension of business is concerned, his license is pending with the Government and therefore he is waiting for the extension of the license and submitted that all the exp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is that the expenditure incurred by the Assessee 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 the arguments of the learned Departmental Representative, we find that the expenditure incurred by the Assessee is a genuine expenditure and the training undergone by the Assessee is also a genuine one and that it relates to business. Though, it may not be directly connected to the business of the Assessee b ..... X X X X Extracts X X X X X X X X Extracts X X X X
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