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Income Tax - Highlights / Catch Notes

Home Highlights January 2013 Year 2013 This

Foreign travel expenses – Revenue or personal expenditure - CIT ...


High Court Upholds CIT Decision: 50% of Foreign Travel Expenses Allowed as Deductible, Despite Revenue's Objections.

January 28, 2013

Case Laws     Income Tax     HC

Foreign travel expenses – Revenue or personal expenditure - CIT allowed 50% - An effort was made by the revenue to submit that 50% had been allowed without any basis. - Order of CIT sustained - HC

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