https://www.taxtmi.com/caselaws?id=19920 The court affirmed the Tribunal's decisions, ruling against the assessee on the disallowance of salary paid during a foreign tour and the classification of foreign travel expenses as capital expenditure. However, the court ruled in favor of the assessee regarding the allowability of legal fees exceeding Rs. 5,000 and the entitlement to write off terminal loss under section 32(1)(iii). The third issue was not addressed as it was not pressed by the assessee. en-us Thu, 19 Dec 1991 00:00:00 +0530 Tue, 10 Nov 2009 16:25:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19920 The court affirmed the Tribunal's decisions, ruling against the assessee on the disallowance of salary paid during a foreign tour and the classification of foreign travel expenses as capital expenditure. However, the court ruled in favor of the assessee regarding the allowability of legal fees exceeding Rs. 5,000 and the entitlement to write off terminal loss under section 32(1)(iii). The third issue was not addressed as it was not pressed by the assessee. Case-Laws Income Tax Thu, 19 Dec 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19920