https://www.taxtmi.com/caselaws?id=125541 The Tribunal upheld the disallowance of director's training expenses claimed by the assessee, a private limited company, for the assessment year 2001-02. The expenses incurred for the director's training were deemed personal and not connected to the business activities, leading to the dismissal of the appeals. The Tribunal cited precedents and concluded that the expenditure did not qualify as a deduction under section 37 of the Income-tax Act. en-us Fri, 16 Nov 2007 00:00:00 +0530 Sat, 15 Jun 2013 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125541 The Tribunal upheld the disallowance of director's training expenses claimed by the assessee, a private limited company, for the assessment year 2001-02. The expenses incurred for the director's training were deemed personal and not connected to the business activities, leading to the dismissal of the appeals. The Tribunal cited precedents and concluded that the expenditure did not qualify as a deduction under section 37 of the Income-tax Act. Case-Laws Income Tax Fri, 16 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125541