Whether travelling expenses allowed or nott

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

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

Amol S Joglekar

Amol S Joglekar (Expert)
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08 February 2015 It is very much allowed provided it satisfies the tests of residuary section 37.
For the business
During the previous year
Relates to the previous year
No personal element
and so on.

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