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Income Tax - Highlights / Catch Notes

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Disallowance of expenses relatable to medical treatment of one ...

Income Tax

August 17, 2022

Disallowance of expenses relatable to medical treatment of one of the Director’s wife - these expenses incurred towards medical expenses of the relative of the Director of the assessee company in foreign currency are personal in nature and not in relation to any business connection. Hence, the lower authorities have rightly disallowed the same and we confirm the same. - AT

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