https://www.taxtmi.com/caselaws?id=247464 The Tribunal partially allowed the appeal, deleting the disallowance of expenses for the director's studies but upholding the addition of the TDS amount written off. The decision was based on the presence of a board resolution approving the sponsorship of the director's studies, supporting the expenses as business expenditure. However, the TDS amount was not considered deductible as it was deemed an application of income. The judgment extensively analyzed the issues, relying on legal interpretations and precedents to resolve the disputes. en-us Tue, 29 Apr 2014 00:00:00 +0530 Tue, 13 May 2014 08:57:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247464 The Tribunal partially allowed the appeal, deleting the disallowance of expenses for the director's studies but upholding the addition of the TDS amount written off. The decision was based on the presence of a board resolution approving the sponsorship of the director's studies, supporting the expenses as business expenditure. However, the TDS amount was not considered deductible as it was deemed an application of income. The judgment extensively analyzed the issues, relying on legal interpretations and precedents to resolve the disputes. Case-Laws Income Tax Tue, 29 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247464