Just a moment...

Report
ReportReport
Welcome to TaxTMI

We're migrating from taxmanagementindia.com to taxtmi.com and wish to make this transition convenient for you. We welcome your feedback and suggestions. Please report any errors you encounter so we can address them promptly.

Bars
Logo TaxTMI
>
×

By creating an account you can:

Report an Error
Type of Error :
Please tell us about the error :
Min 15 characters0/2000
TMI Blog
Home /

1991 (12) TMI 87

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....n directing the ITO to allow relief under s. 80RR on the full amount of Rs. 3,91,570 and holding that no portion of the expenditure incurred in India could be relatable to foreign receipts. 2. The Departmental Representative referred to the provisions of s. 80AB of the Act and argued that some portion of the expenses had to be allocated against s. 80RR receipts. He relied on the decision of the ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ncurred abroad in foreign exchange. These receipts were obtained from the concerts staged by her for which all the expenses of travelling as well as earnings from the concerts were made by the sponsors and no portion of the expenses for such concerts was required to be incurred by her. 4. Next, the learned counsel for the assessee pointed out that the nature of the expenses stated in the income ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....se expenses were incurred in India and no portion of the expenses were to be incurred for concerts organised abroad which fetched the aforementioned income. In a letter dt. 12th Feb., 1989, the assessee had clearly stated that air ticket was sent by the sponsors and all expenses for stay in foreign countries were also made by the sponsors. In the meanwhile, the appellant had given details of the t....