Whether travelling expenses allowed or nott


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Querist : Anonymous

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Querist : Anonymous (Querist)
08 February 2015 Sir/ma'am
I am a bit confused that whether travelling expenses (foreign tour) is allowed to be debited for calculation of income u/h business profession
Or not
If yes, then could you tell me the reason

08 February 2015 It can very well be allowed provided
01 it relates to business
02. it relates to the previous year
03 it is incurred in the previous year
04. it does not involve any personal element
and so on


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