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2023 (7) TMI 730 - AT - Income TaxExemption u/s 11 - disallowance of expenditure incurred on foreign travel - Assessee’s contention is expenditure incurred on foreign travel was to obtain donations from the donors who were abroad - HELD THAT:- The donations received include from agencies such as Silicon Valley Foundation, Global Giving, etc. The chart showing the details of the foreign travel expenditure incurred along with the purpose is enclosed. The details of the donations received and utilization of the same is also enclosed in the records. The expenditure incurred was for obtaining the donations from the various donors who were stationed abroad and the utilization of the donation was also for the objects of the Trust. Thus donations received are utilized for charitable purpose which is never doubted by the AO, the foreign travel expenses incurred for obtaining the above said donations is to be allowed as an expenditure. Appeal of assessee allowed.
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