https://www.taxtmi.com/caselaws?id=56105 The Tribunal upheld the Income-tax Officer's decision to disallow the deduction claimed by the assessee firm for expenses incurred for higher studies abroad by one of the partners for the assessment year 1984-85. The Tribunal found that the partner's studies in management science abroad were unrelated to the firm's business activities of iron and aluminium casting, determining that the expenses were for personal benefit rather than business purposes, thus rendering them non-deductible under section 37(1). The Tribunal differentiated this case from precedents where partners pursued studies directly related to the firm's business activities. en-us Fri, 31 May 1991 00:00:00 +0530 Wed, 01 Dec 2010 16:06:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56105 The Tribunal upheld the Income-tax Officer's decision to disallow the deduction claimed by the assessee firm for expenses incurred for higher studies abroad by one of the partners for the assessment year 1984-85. The Tribunal found that the partner's studies in management science abroad were unrelated to the firm's business activities of iron and aluminium casting, determining that the expenses were for personal benefit rather than business purposes, thus rendering them non-deductible under section 37(1). The Tribunal differentiated this case from precedents where partners pursued studies directly related to the firm's business activities. Case-Laws Income Tax Fri, 31 May 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56105