https://www.taxtmi.com/caselaws?id=185780 The Tribunal upheld the disallowance of business promotion and foreign travel expenses due to lack of evidence supporting their business-related nature. The disallowance of repairs and renewals expenses was remitted back to the Assessing Officer for reevaluation to determine if they were capital or revenue in nature. The appellant was given a fair opportunity for reassessment. en-us Fri, 22 May 2015 00:00:00 +0530 Sat, 27 Aug 2016 12:17:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185780 The Tribunal upheld the disallowance of business promotion and foreign travel expenses due to lack of evidence supporting their business-related nature. The disallowance of repairs and renewals expenses was remitted back to the Assessing Officer for reevaluation to determine if they were capital or revenue in nature. The appellant was given a fair opportunity for reassessment. Case-Laws Income Tax Fri, 22 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185780