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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

The Revenue cannot deny the claim of expenditure on whims and ...


Revenue's Denial of Expenditure Claim for Managing Director's Germany Trip Deemed Unjustified; Claim Must Be Allowed.

December 14, 2018

Case Laws     Income Tax     AT

The Revenue cannot deny the claim of expenditure on whims and fancies. - Denial of claim of expenditure incurred on the trip of the MD of the assessee company to Germany was unwarranted and uncalled for and the same is directed to be allowed to the assessee

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