https://www.taxtmi.com/caselaws?id=381667 The ITAT Kolkata partially allowed the Revenue's appeal concerning three issues. The addition under Rule 8D(2)(ii) was deleted, but upheld under Rule 8D(2)(iii) to some extent. The deletion of the addition for Employees' Contribution towards provident fund was upheld. However, the disallowance of foreign tour allowance and expenses was found justified due to insufficient evidence. The ITAT Kolkata dismissed Ground No.1 and No.2 raised by the Revenue but allowed Ground No.3. en-us Fri, 14 Jun 2019 00:00:00 +0530 Sun, 16 Jun 2019 08:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381667 The ITAT Kolkata partially allowed the Revenue's appeal concerning three issues. The addition under Rule 8D(2)(ii) was deleted, but upheld under Rule 8D(2)(iii) to some extent. The deletion of the addition for Employees' Contribution towards provident fund was upheld. However, the disallowance of foreign tour allowance and expenses was found justified due to insufficient evidence. The ITAT Kolkata dismissed Ground No.1 and No.2 raised by the Revenue but allowed Ground No.3. Case-Laws Income Tax Fri, 14 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381667