Shanti Prime Publication Pvt. Ltd.
Section 37 of the Income Tax Act, 1961- Business Expenditure - Expenditure not allowed as assessee was unable to establish that the travel was for business purposes.
Facts: CIT (A) erred in confirming disallowance of foreign tour expenses of Rs.1,52,596/-.
Held, that since the Ld.Counsel for the assessee has not been able to produce any evidence to establish that the travel was for business purposes, there was no reason to interfere with the well reasoned order of the Ld.CIT(A) on this issue. Hence, this Ground of appeal is rejected. - ASHOK REDDY (G.) V/s ITO -  80 ITR (TRIB) 550 (ITAT-HYDERABAD)