LATEST
Sat, Sep 12, 2026
Loading weather...
Business

Rs 6.42 lakh travel expense disallowed as business expenditure over use of wife’s credit card; businessman contests tax order, wins relief in ITAT Mumbai

Rs 6.42 lakh foreign travel expenditure disallowed from business income as businessman used wife’s credit card to pay fo...

Rs 6.42 lakh travel expense disallowed as business expenditure over use of wife’s credit card; businessman contests tax order, wins relief in ITAT Mumbai
Source: Economic Times - Personal Finance

Rs 6.42 lakh foreign travel expenditure disallowed from business income as businessman used wife’s credit card to pay for it; ITAT Mumbai gives relief to taxpayer. Challa Nagendra Prasad, Judicial Member and G.M. Doss, Accountant Member of ITAT Mumbai heard this case.

SOURCE: Economic Times - Personal Finance
ORIGINAL REPORT: Click here
DHALLO EDITORIAL STATUS: Aggregated & reviewed
Have feedback on this article?Report error or suggestion

Read More from Business

Trump Wades Into Debate Over Irish Unification

President Donald Trump stirred debate during his visit to Dublin by saying he wo...

Read Article »

Farage’s Reform Raises Record £72 Million in Less Than 24 Hours

Nigel Farage’s Reform UK received a second multi-million pound donation, bringin...

Read Article »

Dalal Street Week Ahead: Weak technical setup to keep bulls under pressure

The technical structure has deteriorated following the violation of the importan...

Read Article »
Return to Front Page

5 minutes. The news that matters.

Get the most important stories of the day, without having to browse hundreds of articles.