Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2018 (4) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (4) TMI 260 - AT - Income TaxDisallowance of foreign traveling expenses - Held that:- We require the assessee’s Counsel to explain what type of business conducted by assessee in relation to the visits of Shri Shiv Hari Agarwal to Singapore and Siddarth and Sandhini to Singapore but he could not explain. He only stated that just to explore the market. He could not submit any evidence of the same. In such circumstances, we are of the view that these foreign travelling expenses to Singapore by Shri Shiv Hari Agarwal and Siddarth and Sandhini is not in connection with the business of the assessee and assessee has no business connection with these countries at all. We confirm the order of CIT(A) confirming the disallowance of foreign travelling expenses. Issue of assessee’s appeal is dismissed. Disallowance of telephone expenses and motor car expenses at the rate of 10% on adhoc basis - Held that:- Estimation of the AO for 10% use of such communication devices for personal & non-use purposes, cannot be termed as excessive. Apart-from that from the details of the vehicles. We find that there are a no. of luxury vehicles which are used by the partners of the firm. The appellant has not brought on record details of personal vehicles in the names of the partners whose expenses are not debited by the firm during the year under consideration. Such details, the act of the AO to estimate personal use of the vehicle @ 10% cannot be treated as excessive. - Decided against assessee.
|