This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Expense for Higher Education of Directors’ Son not allowable as Business Expenditure
Case Law Details
- Case Name
- Indian Galvanics Cyrium Foils Ltd. Vs DCIT (Bombay High Court)
- Appeal Number
- Only available for paid members
- Courts
- All High Courts, Bombay High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Indian Galvanics Cyrium Foils Ltd. Vs DCIT (Bombay High Court)
In the case in hand, Appellants-Assessee is a company manufacturing copper foils. Son of one of the directors was sent to USA for completing course in Business Administration which was ‘general’ in nature and had no direct nexus with the business activities of the Appellant-Assessee. Appellants did not place better particulars on record like, basic qualifcation of Mr. Harsh Kumar; subjects in which he did his administration course; how such subjects has-had nexus to business activities of Appell...
