Delhi High Court on section 37 of Income-tax Act, 1961

Last updated: 14 November 2008

Court :
High Court

Brief :

Citation :
Commissioner of Income-tax v. Bechton Dickinson India (P.) Ltd.

Section 37 of Income-tax Act, 1961 – Business expenditure – Allowability of – Assessment year 2001-02 – Assessing Officer disallowed 50 per cent of expenditure incurred by assessee on foreign travel – On appeal, Tribunal, following its order in assessee’s own case for assessment year 1997-98, wherein it, in identical circumstances, had allowed assessee’s claim by holding that immediate cause and result of foreign travel was sales and marketing undertaken by assessee in India of products being dealt with by it and, thus, entire expenditure had been expended by it wholly and exclusively for purposes of its own business, allowed 100 per cent of assessee’s claim towards foreign travel expenses – Whether any question of law did arise from Tribunal’s order – Held, no