In the result appeals of the Assessee and the Revenue are partly allowed
Bench: Smt. Diva Singh & Dr. B.R.R. Kumarassessment Year: 2002-03
disallowed an amount of Rs. 2,95,671/- debited towards the foreign travelling expenses of wife of CMD. The assessee contested that the wife of CMD also attends telephone calls note the messages for CMD in his absence. 21.2 The Ld. AR relied on the judgment of JK Industries Vs. CIT (2011) 11 Taxmann 72 wherein such amount was allowed