No business expediency or necessity was established by assessee ...

Expenses on Promoter's Son's Foreign Education Disallowed Due to Lack of Business Necessity or Expediency.

July 28, 2017

Case Laws Income Tax AT

No business expediency or necessity was established by assessee to bear such a huge expenditure on foreign education of son of assessee’s promoter, who was not even a regular employee of the assessee company at the time of joining the course abroad - Expenses disallowed.

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No business expediency or necessity was established by assessee ...

Expenses on Promoter's Son's Foreign Education Disallowed Due to Lack of Business Necessity or Expediency.

July 28, 2017

Case Laws Income Tax AT

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