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2023 (10) TMI 310 - ITAT KOLKATADisallowance of Public Relation Expenses, travelling and conveyance expenses and interest on car loans - Addition on ground of personal use and not incidental to the business - HELD THAT:- Assessee before the lower authorities has duly explained that the business of the assessee is of liaisoning and to procure, facilitate, provide logistics etc. to foreign manufacturer suppliers and to provide/facilitate the procuring of material for railways from the aforesaid foreign companies. Thus in can be gathered that the expenses incurred by the assessee on account of public relation expenses, travelling and conveyance expenses and motor car interest expenses owing to the nature of the business of the assessee, were business expenses only. We, therefore, do not find justification on the part of the lower authorities in making the impugned disallowance and the same is accordingly ordered to be deleted. Appeal of the assessee stands allowed.
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