https://www.taxtmi.com/caselaws?id=220406 The High Court of Andhra Pradesh affirmed the decision of the Income Tax Appellate Tribunal regarding the treatment of daily allowances paid to employees by an assessee under Section 37(3A) to (3D) of the Income Tax Act, 1961. The Court held that daily allowances should be considered similar to hotel expenses for the purpose of disallowance, based on the provisions of the Act and relevant rules equating hotel expenses and employee allowances. The Court declined to address the argument that the daily allowance was incurred for business purposes, ultimately upholding the disallowance of the daily allowance. en-us Mon, 31 Dec 2012 00:00:00 +0530 Fri, 25 Oct 2013 17:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220406 The High Court of Andhra Pradesh affirmed the decision of the Income Tax Appellate Tribunal regarding the treatment of daily allowances paid to employees by an assessee under Section 37(3A) to (3D) of the Income Tax Act, 1961. The Court held that daily allowances should be considered similar to hotel expenses for the purpose of disallowance, based on the provisions of the Act and relevant rules equating hotel expenses and employee allowances. The Court declined to address the argument that the daily allowance was incurred for business purposes, ultimately upholding the disallowance of the daily allowance. Case-Laws Income Tax Mon, 31 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220406