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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