TMI Blog2001 (11) TMI 20X X X X Extracts X X X X X X X X Extracts X X X X ..... n referred to us as to whether on the facts and circumstances of the case, the expenditure on foreign travel amounting to Rs. 64,922 of Rajiv Rai, son of the director of the company can be said to have been incurred for the purpose of the business and was admissible deduction, is answered in favour of the Revenue and against the assessee. - - - - - Dated:- 26-11-2001 - Judge(s) : R. JAYASIMHA B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ajiv Rai and the company before he was sent abroad. There was no requirement that he should join the company after completing his education. Being the son of the director of a Private limited company which was apparently family owned he became a director of the company within a year a after his return from the U.S.A. It was canvassed for the assessee before the Tribunal that the fact that Rajiv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r education cannot become a business expenditure merely because he is also the owner or a director of a business in which the son or daughter subsequently takes part. It is not the case of the assessee that the assessee had a scheme of sending people abroad for training with the stipulation that after receiving the benefit of training they should work for the company and that moneys expended on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of a father debiting the expenditure of the education of his sons to the business, in the case of M. Subramaniam Bros. v. CIT [2001] 250 ITR 769. In that case, the father had sent his son abroad for higher education. The son as a minor had been admitted to the benefits of partnership and only after returning he took part in running the business of the firm. It was held by the court that the expend ..... X X X X Extracts X X X X X X X X Extracts X X X X
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