Court held that since no adjudication was made by Assessing Officer on aspect of any existing contractual liability between assessee and its employees, impugned order was to be set aside and matter was to be remanded to Assessing Officer for considering that whether expenditure of expatriate cost should be given deduction from operating cost or not. (AY 2007-08)
AMD Far East Ltd. v. Jt. DIT(IT) (2022) 285 Taxman 332 (Karn.)(HC)
S. 37(1) : Business expenditure-Contractual liability-Expatriate cost-Matter remanded.