https://www.taxtmi.com/caselaws?id=216264 The case involved the disallowance of expenditure for repairing and creating a recreation room, as well as foreign travel expenditure. The Tribunal ruled in favor of the assessee, stating that the recreation room expenditure was revenue in nature and allowable under Section 37. Additionally, the foreign travel expenses were deemed necessary for business purposes, and the disallowance was unsupported by concrete evidence. The Revenue's appeal was dismissed, while the assessee's cross objection and appeal were allowed for the assessment years in question. en-us Fri, 19 Mar 2010 00:00:00 +0530 Wed, 05 Sep 2012 18:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216264 The case involved the disallowance of expenditure for repairing and creating a recreation room, as well as foreign travel expenditure. The Tribunal ruled in favor of the assessee, stating that the recreation room expenditure was revenue in nature and allowable under Section 37. Additionally, the foreign travel expenses were deemed necessary for business purposes, and the disallowance was unsupported by concrete evidence. The Revenue's appeal was dismissed, while the assessee's cross objection and appeal were allowed for the assessment years in question. Case-Laws Income Tax Fri, 19 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216264