Court held that ,travelling expenditure of wife of Company’s Senior Executive accompanying him abroad for his medical treatment is not allowable as business expenditure. Accordingly dismissal of revision application is valid .
Harrisons Malayalam Ltd. v. CIT (2018) 409 ITR 621 (Ker) (HC)
S.37 (1): Business expenditure —Travelling expenditure of wife of Company’s Senior Executive accompanying him abroad for his medical treatment — Expenditure is held to be not allowable . [ S.264 ]