https://www.taxtmi.com/caselaws?id=372885 The Tribunal partially allowed the assessee's appeal, accepting the claim for foreign travel expenditure disallowed by the Assessing Officer and CIT(A). The Tribunal relied on a decision of the Hon'ble Calcutta High Court to support the deduction of such expenses. The second substantive ground regarding the computation of agricultural income for book profits under section 115JB was withdrawn by the assessee during the proceedings, leading to its dismissal. The Tribunal's decision was based on detailed reasoning and legal precedents, resulting in the partial success of the assessee's appeal. en-us Fri, 28 Dec 2018 00:00:00 +0530 Wed, 02 Jan 2019 09:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372885 The Tribunal partially allowed the assessee's appeal, accepting the claim for foreign travel expenditure disallowed by the Assessing Officer and CIT(A). The Tribunal relied on a decision of the Hon'ble Calcutta High Court to support the deduction of such expenses. The second substantive ground regarding the computation of agricultural income for book profits under section 115JB was withdrawn by the assessee during the proceedings, leading to its dismissal. The Tribunal's decision was based on detailed reasoning and legal precedents, resulting in the partial success of the assessee's appeal. Case-Laws Income Tax Fri, 28 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372885