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