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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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

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