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ITAT Delhi Upholds Dealer Foreign Tour Expense as Genuine Business Promotion
Case Law Details
- Case Name
- DCIT Vs Lakshmi Metal Udyog Limited (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2017-18
- Courts
- All ITAT, ITAT Delhi
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DCIT Vs Lakshmi Metal Udyog Limited (ITAT Delhi)
ITAT Delhi: Dealer Foreign Tour & Shared Expenses Found Genuine – Disallowances of ₹2.21 Cr & ₹2.53 Cr Deleted
Tribunal upheld CIT(A)’s order deleting two disallowances—₹2.21 crore towards dealer foreign tour expenses & ₹2.53 crore of shared operational costs.
AO had disallowed the foreign travel expenses for lack of agreements & proof of dealer eligibility under a reward scheme. Assessee produced the Dealer Tour Scheme 2016-17, board resolution, & supporting evidence showing the expenditure was...
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