Disallowance of one-third of directors’ foreign travel and ...
Foreign Travel Expenses Partially Disallowed for Directors; Commercial Purpose May Qualify for Tax Deduction.
January 19, 2017
Case Laws Income Tax AT
Disallowance of one-third of directors’ foreign travel and conveyance expenses - If the object of the undertaken tour is commercial in nature, the expenditure would qualify for deduction - AT
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