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2020 (12) TMI 438 - AT - Income TaxDisallowance of business expenditure - expenditure incurred by the Assessee for attending two separate training courses - HELD THAT:- Expenditure incurred by the Assessee is a genuine expenditure and the training undergone by the Assessee is also a genuine one and that it relates to business. Though, it may not be directly connected to the business of the Assessee but it relates to the Assessee to run the business with better management skills for his business and also in implementing the systems process in his manufactures. In our opinion, every businessman have a right to acquire knowledge and special skills in management for implementation of systems and new techniques. In the present case, the Assessee has did the same thing. Simply because the turnover has fallen down and further granting license is pending before the Government are not at relevant factors to deny the business expenditure claimed by the Assessee. We are of the opinion that the entire expenditure incurred by the Assessee for attending two separate training courses for acquiring knowledge and technical expertise for better management of the process are directly connected to the business of the Assessee. Therefore, the same has to be allowed. Allow the appeal filed by the Assessee.
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