Revenue's Denial of Expenditure Claim for Managing Director's Germany Trip Deemed Unjustified; Claim Must Be Allowed.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....The Revenue cannot deny the claim of expenditure on whims and fancies. - Denial of claim of expenditure incurred on the trip of the MD of the assessee company to Germany was unwarranted and uncalled for and the same is directed to be allowed to the assessee....