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Q. > Please Help: Is it comes under general deduction & allowable expenses (like hotel bills, restaurant bills etc.) under Income tax Act that an employer takes all its employees for a domestic trip like Goa
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424 views • Question added Sep 02, 2011 • Income Tax • By Kamal Singh , New Delhi


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2 Answers

answered Sep 02, 2011 by Ashish Karundia , New Delhi

Dear Friend,

Your understanding is correct. you can claim the deduction of the same under Section 37 of the Income tax Act, 1961 provided the same has nexus with the business carried on. Further, the same should not be of personal nature.


answered Sep 03, 2011 by CA Manzurhasan J Shaikh , Mumbai

Yes! Decuction can be claimed U/s 37 subject to condition that those exp are related to the business.


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