https://www.taxtmi.com/caselaws?id=345802 ITAT Delhi upheld deletion of the addition for US business income because the income arose through a permanent establishment in the USA, tax had already been paid there, and treaty relief with foreign tax credit principles barred double taxation in India. It also held that the foreign travel expense disallowance could not stand where the bills were supported and no personal use or excessiveness was shown. Expenditure on microwave, mobile phone and similar items was treated as revenue spending, as the items were purchased as festival gifts for clients and did not create a capital asset. The section 40A(3) disallowance for club payment was deleted because the payment was made by cheque and was explained as business expenditure. en-us Fri, 24 Mar 2017 00:00:00 +0530 Thu, 27 Jul 2017 08:14:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345802 ITAT Delhi upheld deletion of the addition for US business income because the income arose through a permanent establishment in the USA, tax had already been paid there, and treaty relief with foreign tax credit principles barred double taxation in India. It also held that the foreign travel expense disallowance could not stand where the bills were supported and no personal use or excessiveness was shown. Expenditure on microwave, mobile phone and similar items was treated as revenue spending, as the items were purchased as festival gifts for clients and did not create a capital asset. The section 40A(3) disallowance for club payment was deleted because the payment was made by cheque and was explained as business expenditure. Case-Laws Income Tax Fri, 24 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345802