PHONEIX MEDICAL SYSTEMS PVT LTD.,CHENNAI vs. ACIT CORPORATE CIRCLE 5(2), CHENNAI
In the result, the assessee’s appeal is treated as partly allowed for statistical purposes
ITA 1303/CHNY/2019[2015-16]Status: DisposedITAT Chennai03 Dec 2019AY 2015-16
Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaraman
For Appellant: Shri G. Baskar, AdvocateFor Respondent: Shri J. Pavitran Kumar, JCIT
Section 2ASection 35Section 37
disallowances. The travel expenditure and the expenditure on donation were incurred purely for the purposes of business in accordance with the business necessities of the assessee and hence they are allowable U/s.37. Therefore, he pleaded that the assessee’s appeal be allowed.
4. Per contra, the ld.DR submitted that as per the provisions of Section 35(2AB) r.w.r
