Disallowance of tour and travel expenses - no details were ...

Travel Expense Disallowance: Rs. 10 Lakh Added to Taxable Income Due to Insufficient Business Justification.

September 16, 2022

Case Laws Income Tax AT

Disallowance of tour and travel expenses - no details were forthcoming from the assessee to substantiate these travel and conveyance expenses and justify that these expenses were incurred wholly and exclusively for the purposes of business - Merely Rs. 10 lac of expenses were disallowed by the AO out of total travel and conveyance expenses of Rs. 1.90 crores incurred by the assessee during the year under consideration, as against total travelling and conveyance expenses of Rs. 1.20 crores incurred in the immediately preceding year - Additions confirmed - AT

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Disallowance of tour and travel expenses - no details were ...

Travel Expense Disallowance: Rs. 10 Lakh Added to Taxable Income Due to Insufficient Business Justification.

September 16, 2022

Case Laws Income Tax AT

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