Travelling exps

This query is : Resolved 

29 March 2016 what is travelling exp limit which is allow under incometax act.

30 March 2016 There are no limits on travelling expense , it is just that these expenses must be incurred for the purpose of business to claim deduction of the same and also must be supported by documentary evidence.

There are certain disclosure requirement for Foreign & other than foreign Travelling Expense of Directors.



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