https://www.taxtmi.com/caselaws?id=419352 The Court upheld the disallowance of the electricity duty payment under Section 43B, ruling that the deposit in a no-lien/escrow account did not meet the requirement of "actual payment." Additionally, the disallowance of 20% of foreign travel expenditure was affirmed due to insufficient evidence proving the expenses were solely for business purposes. The appeal was dismissed in favor of the Department on both issues, with no order as to costs. en-us Fri, 04 Mar 2022 00:00:00 +0530 Wed, 09 Mar 2022 13:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419352 The Court upheld the disallowance of the electricity duty payment under Section 43B, ruling that the deposit in a no-lien/escrow account did not meet the requirement of "actual payment." Additionally, the disallowance of 20% of foreign travel expenditure was affirmed due to insufficient evidence proving the expenses were solely for business purposes. The appeal was dismissed in favor of the Department on both issues, with no order as to costs. Case-Laws Income Tax Fri, 04 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419352