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Income Tax - Highlights / Catch Notes

Home Highlights February 2012 Year 2012 This

Foreign travel expenditure - Merely stating that the assessee ...


Court Disallows Foreign Travel Expenses: Partners' Sons' Attendance Not Sufficient for Business Justification.

February 16, 2012

Case Laws     Income Tax     AT

Foreign travel expenditure - Merely stating that the assessee has booked a stall and the sons of the partners were attending is not sufficient. The circumstances exhibits that the sons of partners were taken as those were in close relationship of partners and nothing to do with the business of the firm..... - AT

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