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Income Tax - Highlights / Catch Notes

Home Highlights December 2021 Year 2021 This

Addition being @25% Travelling expenses & conveyance expenses - ...


Commissioner of Income Tax (Appeals) Reduces Assessing Officer's 25% Addition on Business Travel Expenses to 10.

December 4, 2021

Case Laws     Income Tax     AT

Addition being @25% Travelling expenses & conveyance expenses - Such expenses are incurred for the business purpose. Since the addition is made by the Assessing Officer on estimation, the ld. CIT(A) is justified in restricting the same to 10%. - AT

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