Friday, December 27, 2019

Exp. incurred on travel of wives & children of directors who accompanied him on various foreign trips not allowable

INCOME TAX : Expenditure incurred by assessee-company on foreign travel of wives and children of directors who accompanied them on various foreign trips, could not be allowed as deduction under section 37(1)

from www.taxmann.com Latest Case Laws https://ift.tt/379z7AL
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