https://www.taxtmi.com/caselaws?id=331525 The court dismissed the Tax Case Appeal, upholding the disallowance of Business Promotion Expenses and Foreign Travel Expenses under the Income Tax Act. The appellant failed to provide sufficient evidence to prove that the expenses were related to business activities, resulting in the court affirming the disallowances. Additionally, the treatment of unexplained expenses as personal in nature was upheld as the appellant did not meet the burden of proof to establish the business purpose of the expenses. en-us Thu, 30 Jun 2016 00:00:00 +0530 Fri, 26 Aug 2016 13:27:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331525 The court dismissed the Tax Case Appeal, upholding the disallowance of Business Promotion Expenses and Foreign Travel Expenses under the Income Tax Act. The appellant failed to provide sufficient evidence to prove that the expenses were related to business activities, resulting in the court affirming the disallowances. Additionally, the treatment of unexplained expenses as personal in nature was upheld as the appellant did not meet the burden of proof to establish the business purpose of the expenses. Case-Laws Income Tax Thu, 30 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331525