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2018 (12) TMI 833
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....VALAN, SRI. K. JOHN MATHAI, SRI. KURYAN THOMAS, SRI. PAULOSE C. ABRAHAM AND SRI. P. GOPINATH For The Respondent : ADVS. SRI. P. K. RAVINDRANATHA MENON, SR. SC, GOI (TAXES) AND SRI. JOSE JOSEPH, SC, FOR INCOME TAX ORDER The only question arising in the above Revision is as follows: "Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that ....
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....e wife was disallowed by the Assessing Officer. The learned Counsel appearing for the assessee would rely on the decisions in C.I.T. v. Aspinwall & Co.Ltd., [1999] 235 ITR 106 (Ker) and C.I.T. v. Appollo Tyres Ltd., [1999] 237 ITR 706 (Ker). 3. A Full Bench in Ram Bahadur Thakur Ltd. v. C.I.T., [2003] 261 ITR 390 (Ram Bahadur Thakur Ltd.-II case) considered the issue on the basis of a reference....
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....Tyres Ltd., the expenses were permitted to be claimed as business expenditure. 5. In Aspinwall & Co.Ltd., a Chief Executive of the Company was traveling abroad, who was accompanied by his wife. There, it was found that since the person traveling abroad on business tour, was an employee and not a Director, the expenditure was allowable. In Appollo Tyres Ltd., the Division Bench noticed that the ....