Thursday, February 28, 2019

No disallowance of foreign travel exp. just because trustees visited abroad for business purpose on tourist visa

IT : Where Assessing Officer disallowed a part of remuneration paid to trustee by assessee-trust taking a view that it was excessive, in view of fact that assessee-trust earned income and paid remuneration to trustee who had also offered tax on remuneration received by her, impugned disallowance was to be deleted

from www.taxmann.com Latest Case Laws https://ift.tt/2IJgCM0

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