2004 (11) TMI 579 - ITAT DELHI - Income Tax

Extract:
.......ng Officer. A general reply was filed. Therefore, we are of the considered view that the Assessing Officer has not applied his mind in regard to foreign expenses at all. Therefore, the direction of the CIT in regard to examination of the allowability of foreign expenses is sustained. 20. In the result, the appeal of the assessee is allowed in part.