https://www.taxtmi.com/caselaws?id=394259 Business expenditure claimed as deduction must be supported by material showing that it was incurred wholly and exclusively for business purposes. On the facts, driver's salary and fuel and lubricant expenses were disallowed because no car ownership or business use was proved and no contrary evidence was produced. Business conference expenses were treated as incidental to the trade, but the absence of bills and vouchers justified only a reduced disallowance of 20%. Flight booking expenses were found to relate to employees and the direct selling business, so the addition could not be sustained and was deleted to the stated extent. en-us Fri, 28 Feb 2020 00:00:00 +0530 Mon, 18 May 2020 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394259 Business expenditure claimed as deduction must be supported by material showing that it was incurred wholly and exclusively for business purposes. On the facts, driver's salary and fuel and lubricant expenses were disallowed because no car ownership or business use was proved and no contrary evidence was produced. Business conference expenses were treated as incidental to the trade, but the absence of bills and vouchers justified only a reduced disallowance of 20%. Flight booking expenses were found to relate to employees and the direct selling business, so the addition could not be sustained and was deleted to the stated extent. Case-Laws Income Tax Fri, 28 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394259