The AO disallowed the claim on the reasoning that the benefit derived from foreign trip is by the medical professionals and not by the assessee as they are not working exclusively for the advancement of assessee’s business. Tribunal has consistently held that the expenditure having been incurred for the purpose of assessee’s business is allowable as expenditure. (AY. 2007-08)
Dy. CIT v. India Medtronic Pvt. Ltd. (2020) 205 TTJ 950 (Mum.)(Trib.)
S. 37(1) : Business expenditure-Foreign Trip-Medical professionals-Doctors-Allowable as business expenditure.