2018 (10) TMI 1306

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....INATH For The Respondent : SRI.P.K.R.MENON,SR.COUNSEL, GOI(TAXES) AND SRI.JOSE JOSEPH SC FOR INCOME TAX JUDGMENT Vinod Chandran, J The appeals are by the assessee and the revenue. The assessee has filed appeals from the common order of the Tribunal for the assessment years 2008-09 and 2009- 2010. The Revenue has filed an appeal from the very same common order, but however, only for the asses....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... solely for the purpose of the business. It is in such circumstance that 1/5th of the expenses claimed on foreign travels were dis-allowed. The First Appellate Authority followed the decision of the Tribunal in the case of the assessee itself on the very same aspect for the year 2005-06 and 2006-07 and permitted full allowance of expenses incurred as expenditure under Section 37 of the IT Act. App....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....see for the year 2008-09 and 2009-10 in both of which the Tribunal confined the dis-allowance to 1/5th of the total expenses claimed. 4. In this context, we have to notice the appeal of the revenue. As was noticed herein above, for the years 2009-10, the Assessing Officer himself had granted 1/5th of the expenses as dis-allowances which was restored by the Tribunal after setting aside the order o....