Employee Not Liable for Employer’s Business Expenses

Inder Mohan Thapar Vs ACIT (ITAT Delhi)

Employee Can’t Be Taxed for Employer’s Expenses: ITAT Delhi Deletes Credit Card Disallowances in Individual’s Hands

The Delhi ITAT “SMC” Bench,  partly allowed the appeal of Inder Mohan Thapar for AY 2011-12, deleting multiple additions made on account of credit-card based expenditure in the hands of a salaried employee, while upholding the Please become a Premium member. If you are already a Premium member, login here to access the full content.