https://www.taxtmi.com/caselaws?id=425660 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision confirming the Assessing Officer's decision, dismissing the appeal. The disallowance of Rs. 10,15,818/- spent on foreign travel was upheld as it was not considered as application of income under Section 11(1)(a) of the Income Tax Act. The Tribunal relied on relevant judicial precedents to support its decision and rejected the appellant's argument of potential double addition to gross total income. The appeal was dismissed, and the CIT(A)'s order was deemed just and proper. en-us Tue, 26 Jul 2022 00:00:00 +0530 Wed, 27 Jul 2022 15:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425660 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision confirming the Assessing Officer's decision, dismissing the appeal. The disallowance of Rs. 10,15,818/- spent on foreign travel was upheld as it was not considered as application of income under Section 11(1)(a) of the Income Tax Act. The Tribunal relied on relevant judicial precedents to support its decision and rejected the appellant's argument of potential double addition to gross total income. The appeal was dismissed, and the CIT(A)'s order was deemed just and proper. Case-Laws Income Tax Tue, 26 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425660