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2019 (1) TMI 50 - AT - Income TaxAllowable business expenditure - Disallowance of foreign travel expenditure relating to its director’s son - Held that:- Assessee’s case throughout has seen that it had incurred the impugned expenditure for Shri Kejriwal as a management trading wholly and exclusively for the purpose of its business allowable as deduction u/s 37 of the Act. We find this issue to be no more res integra as a co-ordinate bench’s decision in assessee’s case itself for assessment year 2011-12 [2018 (2) TMI 1818 - ITAT KOLKATA] - decided in favour of assessee
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