Dismissing the appeal of the revenue the Tribunal held that ; Foreign tour expenses of Research manager of export is held to be allowable as the turnover has increased in succeeding years (AY.2011-12)
DCIT v. Laboratories Griffon (P.) Ltd. (2018) 170 ITD 387/ 65 ITR 317 /193 TTJ 855 ( 2019) 178 DTR 355(Kol) (Trib.)
S.37(1): Business expenditure- Foreign tour expenses of Research manager of export is held to be allowable as the turnover has increased in succeeding years .