Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1970 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1970 (12) TMI 28 - HC - Income TaxAssessee claimed allowance for a sum of on account of travelling expenses of its managing director, incurred in respect of two foreign tours undertaken by him in connection with the business of the assessee-company - merely because the Managing Director had gone abroad to study the conditions of manufacturing in factories similar to the one of the assessee does not necessarily mean that the expenditure was of revenue nature
|