Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Disallowance being 50% of Foreign Travelling Expenses - the lower authorities has admitted the genuineness of the expenses to the tune of 50% and the balance was disallowed on ad hoc basis - we are inclined to confirm the disallowance of total foreign travelling expenses to the tune of 25%.
Disallowance being 50% of Foreign Travelling Expenses - the lower authorities has admitted the genuineness of the expenses to the tune of 50% and the balance was disallowed on ad hoc basis - we are inclined to confirm the disallowance of total foreign travelling expenses to the tune of 25%.
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