https://www.taxtmi.com/caselaws?id=349078 The Tribunal partially allowed the assessee's appeal, directing the AO to re-examine the disallowance of foreign travel expenses and the allocation of Head Office (HO) expenses. The AO was instructed to consider the argument for net HO expenditure allocation and to allow the assessee to present additional evidence to establish the business purpose of the expenses. en-us Mon, 25 Sep 2017 00:00:00 +0530 Fri, 06 Oct 2017 06:53:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349078 The Tribunal partially allowed the assessee's appeal, directing the AO to re-examine the disallowance of foreign travel expenses and the allocation of Head Office (HO) expenses. The AO was instructed to consider the argument for net HO expenditure allocation and to allow the assessee to present additional evidence to establish the business purpose of the expenses. Case-Laws Income Tax Mon, 25 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349078