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2018 (12) TMI 188 - AT - Income TaxDisallowance u/s.14A r.w. rule 8D for the administrative expenses incurred for earning exempt income - Held that:- When the assessee had sufficient interest-free funds out of which concerned investments had been made, disallowance under Section 14A is not justified. We allow the ground of appeal in favour of assessee by deleting the orders of disallowance u/s.14A r.w. Rule 8D of the Act passed by the authorities below. Thus, Ground No.1 of assessee’s appeal is allowed. Donation expenses u/s.80G - Held that:- Assessee is entitled to get deduction u/s.80G of the Act since the Disable Welfare Trust of India was rightly eligible to receive donations as claimed by the assessee. Capital nature of expenses - Held that:- We are of the considered opinion that the assessee’s claim towards travelling expenses is justified. But having regard to the disputed question of facts relating to the travelling expenses incurred towards the persons sponsored by the company other than the doctors needs to be verified in its proper perspective with the supporting documents to be made available by the assessee to the AO. We therefore find it proper for the ends of justice to set aside the issue to the file of AO to verify the claim of the company towards the expenses incurred upon the persons other than the doctors as indicated by the authorities below in the order impugned before us. We make it clear that the assessee will co-operate with the AO by furnishing the details of those persons to ascertain the actual expenses incurred on the medical practitioners which only required to be allowed after being fully satisfied upon verification of the details to be furnished by the assessee at the time of assessment. Assessee is thus partly allowed for statistical purposes
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