Disallowance towards foreign travel - expenditure as wholly and ...

Income Tax

October 3, 2020

Disallowance towards foreign travel - expenditure as wholly and exclusively for the business - Bonafides and genuineness of the expenses incurred by the assessee towards foreign travel was never in doubt before the assessing officer or before the CIT-A or before the Tribunal, thus, we have no hesitation to hold that the disallowance done by the CIT-A, as affirmed by the Tribunal, is erroneous. - HC

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Disallowance towards foreign travel - expenditure as wholly and ...

Income Tax

October 3, 2020

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