https://www.taxtmi.com/caselaws?id=237362 The Income-tax Appellate Tribunal upheld the disallowance of Rs. 13.38 lakhs incurred on foreign tours of spouses of directors, agreeing with the Revenue authorities that the expenses were personal and not for business purposes. The tribunal found the assessee failed to prove the business necessity of the expenses, distinguishing the case from previous years. The appeal was dismissed, and the order was pronounced on November 21, 2012. en-us Wed, 21 Nov 2012 00:00:00 +0530 Wed, 30 Oct 2013 18:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237362 The Income-tax Appellate Tribunal upheld the disallowance of Rs. 13.38 lakhs incurred on foreign tours of spouses of directors, agreeing with the Revenue authorities that the expenses were personal and not for business purposes. The tribunal found the assessee failed to prove the business necessity of the expenses, distinguishing the case from previous years. The appeal was dismissed, and the order was pronounced on November 21, 2012. Case-Laws Income Tax Wed, 21 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237362