Expenditure on foreign travel and medical treatment of the ...

Company's Foreign Travel and Medical Expenses for Managing Director Deemed Personal, Not Commercial Necessity.

August 9, 2012

Case Laws Income Tax HC

Expenditure on foreign travel and medical treatment of the Managing Director and his wife - in the absence of any obligation on the part of the company to meet the medical and traveling expenses, the payment made could not be treated as one of commercial expediency & was purely a personal one - HC

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Expenditure on foreign travel and medical treatment of the ...

Company's Foreign Travel and Medical Expenses for Managing Director Deemed Personal, Not Commercial Necessity.

August 9, 2012

Case Laws Income Tax HC

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