Addition u/s 40A(2) - excessive expenditure - The payment is ...

Foreign travel expenses for specified persons are not excessive u/s 40A(2) and won't be disallowed.

June 1, 2016

Case Laws Income Tax AT

Addition u/s 40A(2) - excessive expenditure - The payment is made in respect of foreign travel of the specified persons but that does not bring the expense within the scope of disallowance under section 40A(2).- AT

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Addition u/s 40A(2) - excessive expenditure - The payment is ...

Foreign travel expenses for specified persons are not excessive u/s 40A(2) and won't be disallowed.

June 1, 2016

Case Laws Income Tax AT

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