Tribunal held that travelling expenses which is subject to Fringe benefits tax can not be disallowed . ( AY.2007-08)
Second Leasing P. Ltd. v. ACIT (2018) 65 ITR 10 (SN) (Delhi) (Trib)
S.37(1):Business expenditure — Travelling expenses — No disallowance could be made once expenditure is subjected to Fringe benefits tax.