No disallowance of foreign travel exp. just because trustees visited abroad for business purpose on tourist visa

IT : Where one of trustees had gone abroad for promoting business of assessee-trust, mere fact that he went on a tourist visa could not be a ground to conclude that no business was transacted and, thus, impugned disallowance of 50 per cent of foreign travel expenditure was to be deleted

■■■

[2019] 102 taxmann.com 373 (Karnataka)

HIGH COURT OF KARNATAKA

Commissioner of Income-tax, Mangaluru

v.

Swadeshi Internationals*

RAVI MALIMATH AND K. NATARAJAN, JJ.

IT APPEAL NO. 244 OF 2010

DECEMBER 11, 2018

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