https://www.taxtmi.com/caselaws?id=62029 The court upheld the disallowance of travelling and conveyance expenses claimed by the assessee for foreign tours, as certain expenses lacked business purpose and supporting evidence. The disallowance of the refunded amount by partners was also upheld, as it was considered a travelling advance and not actual expenses. The court emphasized that deductions depend on actual incurrence during the relevant year, regardless of accounting methods. Since the unspent amount was never used for travelling expenses, it was not allowed as a deduction, leading to the dismissal of the appeal. en-us Tue, 24 Jun 2003 00:00:00 +0530 Mon, 17 Jan 2011 17:27:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62029 The court upheld the disallowance of travelling and conveyance expenses claimed by the assessee for foreign tours, as certain expenses lacked business purpose and supporting evidence. The disallowance of the refunded amount by partners was also upheld, as it was considered a travelling advance and not actual expenses. The court emphasized that deductions depend on actual incurrence during the relevant year, regardless of accounting methods. Since the unspent amount was never used for travelling expenses, it was not allowed as a deduction, leading to the dismissal of the appeal. Case-Laws Income Tax Tue, 24 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62029