https://www.taxtmi.com/caselaws?id=11941 Deductibility under Income-tax Act, s. 37(1) of foreign travel expenditure relating to a director's spouse turned on whether the outlay was incurred wholly and exclusively for business and justified by commercial expediency. The HC held that the assessee bears the onus to place all material facts, particularly those within its exclusive knowledge, and the AO and appellate authorities must scrutinize such claims meticulously and decide after granting reasonable opportunity. As the Tribunal recorded no categorical factual finding on the essential condition of "wholly and exclusively" for business, the HC declined to answer the reference and set aside the Tribunal's order, remanding for fresh disposal in accordance with law. en-us Fri, 31 Jan 2003 00:00:00 +0530 Fri, 26 Dec 2025 16:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11941 Deductibility under Income-tax Act, s. 37(1) of foreign travel expenditure relating to a director's spouse turned on whether the outlay was incurred wholly and exclusively for business and justified by commercial expediency. The HC held that the assessee bears the onus to place all material facts, particularly those within its exclusive knowledge, and the AO and appellate authorities must scrutinize such claims meticulously and decide after granting reasonable opportunity. As the Tribunal recorded no categorical factual finding on the essential condition of "wholly and exclusively" for business, the HC declined to answer the reference and set aside the Tribunal's order, remanding for fresh disposal in accordance with law. Case-Laws Income Tax Fri, 31 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11941