https://www.taxtmi.com/caselaws?id=270433 The Court upheld the Tribunal's decision to disallow foreign travel expenses claimed by a partnership firm for individuals who were not considered competent persons for business purposes. The expenses were deemed personal and not wholly and exclusively for business reasons. The Court found the Tribunal's analysis thorough and concluded that the expenses were inadmissible under the Income Tax Act. The appeal was dismissed, affirming the Tribunal's decision as consistent with legal principles and supported by the case facts. en-us Fri, 28 Aug 2015 00:00:00 +0530 Wed, 06 Jan 2016 09:58:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270433 The Court upheld the Tribunal's decision to disallow foreign travel expenses claimed by a partnership firm for individuals who were not considered competent persons for business purposes. The expenses were deemed personal and not wholly and exclusively for business reasons. The Court found the Tribunal's analysis thorough and concluded that the expenses were inadmissible under the Income Tax Act. The appeal was dismissed, affirming the Tribunal's decision as consistent with legal principles and supported by the case facts. Case-Laws Income Tax Fri, 28 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270433