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Vardhman Shipping (P.) Ltd. v. ACIT (2022) 197 ITD 250 / 98 ITR 3 (SN) (Ahd.)(Trib.)

S. 37(1) : Business expenditure-Travelling expenses-1/5 of disallowance is held to be justified.

Held that  disallowance of 1/5 of the Travelling expenses is held to be justified. (AY. 2011-12)