https://www.taxtmi.com/caselaws?id=69560 The Tribunal allowed the appeal, ruling that the entire expenditure of Rs. 2,54,994 incurred by the assessee-company on medical, travel, and incidental expenses for an employee in the United Kingdom qualifies as a valid business expenditure under section 37 of the Income-tax Act. The Tribunal emphasized that the expenditure was incurred in the course of business and was reasonable, unproved, and not excessive, thus warranting its allowance as a legitimate business expense. en-us Mon, 23 Sep 1991 00:00:00 +0530 Thu, 07 Apr 2011 16:24:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69560 The Tribunal allowed the appeal, ruling that the entire expenditure of Rs. 2,54,994 incurred by the assessee-company on medical, travel, and incidental expenses for an employee in the United Kingdom qualifies as a valid business expenditure under section 37 of the Income-tax Act. The Tribunal emphasized that the expenditure was incurred in the course of business and was reasonable, unproved, and not excessive, thus warranting its allowance as a legitimate business expense. Case-Laws Income Tax Mon, 23 Sep 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69560