TaxTMI 
TaxTMI 
1980 (9) TMI 157
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....to Rs. 33,736. The ITO found that a major portion relates to expenditure incurred by partner Sri A.R. Santhanakrishnan, for foreign trip and trips to New Delhi and Bombay. Considering the smallness of the business activities of the assessee firm the ITO disallowed a round sum of Rs. 10,000 as not relating to business. 2. In appeal, the AAC took a different view. The foreign trip expenses came to ....
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....lusively for purpose of business. The business of the assessee is goods transport. The assessee stated before the ITO that he visited among other places, London Brick Co., the biggest brick manufacturing concern in U.K. and saw how they transports their produce in bulk quantities. The AAC did not dispute the truth of the fact of the visit to this factory. So that visit by itself is sufficient to s....
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....ee need not be examined as to what he did, what he studied or how he proposes to use the information for the carrying on of his business. The fact that he had seen how the company transports its goods in bulk itself is sufficient to show that is a business visit. The extent of benefit derived by the foreign trip and which the AAC wanted to ascertain with precision is not at all relevant. The purpo....