Whether education expenses paid for education of its Director is an allowable expenses ?

Whether education expenses paid for education of its Director is an allowable expenses ?

 639 total views

education expenses
Whether education expenses paid for education of its Director is an allowable expenses

education expenses:

Where assessee company incurred expenditure on education of its director at abroad.

In absence of commitment/bond executed by said Director, To serve assessee company post his education so that assesse could reap benefits of his education

for com business, Expenditure was not allowable as business expenditure

[2017] 88 taxmann.com 185 (Mumbai – Trib.

IN THE ITAT MUMBAI BENCH ‘H’

home page

Hunumesh Realtors (P.) Ltd.
v.
Principal Commissioner of Income-tax, 10 Mumbai

Leave a Comment

Your email address will not be published.