Foreign travelling expenses

Tax queries 495 views 2 replies

Foreign Travelling Expenses incurred by a partner/director twds. business tour exempted to which extent, i.e. What amt. of claim is exempted.

Replies (2)

If the expenses incurred is for the development of the business, then this expenses shall be deductible.

Agree with Mihir ji,

If such expenses incurred for the development and the expansion of the Business then it can be allowed as deduction...


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