Expense of Corporate Membership of Director is allowable Expenditure

M/s MKJ Tradex Ltd. Vs DCIT (ITAT Kolkata)

Expense of Corporate Membership of Director is allowable Expenditure

In the instant case the AO disallowed the club expenses claimed by the assessee on the ground that these were not incurred for the purpose of the business. The view taken by the AO was partly confirmed by the ld CIT(A). Now the issue before us arises for the adjudication so as to whether the club expenses incurred by the assessee are having any nexus with the business of the assessee in the aforesaid facts and circumstances. In this

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