150/- for the assessment year 1996-97 on 28.11.1996 and the same was processed under Section 143 (1) (a) of Act 1961, vide order dated 21.03.1997. The appellant-Company engaged in the business of manufacturing of cycles. During the relevant assessment year (96-97), the appellant-company claimed deduction on account of travelling expenditure incurred on the director's wife