Foreign Business Tour by Non-Employee Director/Shareholder of Company not taxable as Perquisite

This appeal by assessee has been directed against the order of Ld. CIT(A) -35, New Delhi dated 30^th January, 2017 for assessment year 2012-13 on the following grounds :-

1. “That the Ld. CIT(A) had erred on facts and under the law in confirming the addition of Rs. 5,00,000/- on account unexplained perks u/s 17(2)(iii) of I.T. Act as made by the AO.

2. That the Ld. CIT(A) had erred on facts and

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