Indian PSU Wins Challenge Against Disallowance of Travel Expenses Claimed as Business Expenditure; Ad-hoc Disallowance Deemed Unjustified.

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....Disallowance towards travelling expenses - Allowable business expenditure or personal expenditure - Being a PSU and under aegis of GOI, there cannot be an element of personal use of the company and therefore, such ad-hoc disallowance cannot be made and same is directed to be deleted....