https://www.taxtmi.com/caselaws?id=178815 The Tribunal allowed the Assessee's appeal against the disallowance of 25% of foreign travel expenses. The Tribunal found the overseas travel expenses reasonable based on the business nature, income, and evidence of foreign exchange purchase. It noted the genuineness of the expenses but highlighted the lack of vouchers for each expenditure. Emphasizing the justifiability of the expenses and the absence of significant personal expenses, the Tribunal directed the Assessing Officer to delete the disallowance of Rs. 3,75,512 towards foreign travel expenses. en-us Fri, 20 Nov 2015 00:00:00 +0530 Sat, 13 Feb 2016 10:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178815 The Tribunal allowed the Assessee's appeal against the disallowance of 25% of foreign travel expenses. The Tribunal found the overseas travel expenses reasonable based on the business nature, income, and evidence of foreign exchange purchase. It noted the genuineness of the expenses but highlighted the lack of vouchers for each expenditure. Emphasizing the justifiability of the expenses and the absence of significant personal expenses, the Tribunal directed the Assessing Officer to delete the disallowance of Rs. 3,75,512 towards foreign travel expenses. Case-Laws Income Tax Fri, 20 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178815