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2019 (1) TMI 142 - AT - Income TaxExemption u/s 11 denied - Income applied by the assessee outside India - assessee has incurred an amount on international meet and no prior approval of the board has been taken, which is in violation of section 11(1)(c) - Held that:- Assessee has not incurred these expenditure outside India but incurred in India in Indian rupees. This fact has not been controverted either by the learned assessing officer or by the learned departmental representative before us. The provisions of section 11 (1)(c) (ii) applies only if such income is applied to such purposes outside India, without the approval of the central board of direct taxes. In the present case, as no income, except what has been confirmed by the learned Commissioner of income tax appeals, is applied by the assessee outside India but in India. Therefore, those provisions do not apply to the assessee. In view of this we do not find any infirmity in the order of the learned Commissioner of income tax appeals in deleting the above addition. It is further to be noted that the learned Commissioner of income tax appeals in his order has upheld the amount of money spent by the assessee of INR 6 68300/– outside India towards hotel and other expenditure. - decided against revenue
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