Income-Tax Officer vs Kenaram Saha And Subhash Saha And ... on 7 March, 2008
Equivalent
Saptarshi Ghosh, Kolkata vs Department Of Income Tax on 26 February, 2010
आयकर अपीलीय अधीकरण
subject are as under:
(i) Banks are required to issue travelers cheques, demand drafts, mail
transfers, and telegraphic transfers for Rs.50,000 and above
engaged in
the business of buying and selling foreign currencies, travellers'
cheques etc. under the regulations of RBI. The assessee company is
engaged
dealer or a money
changer against purchase of foreign currency or travellers cheques in
the normal course of his business.
Explanation.--For the purposes
assessee has not been able to provide any evidence or travelers cheques
having been carried with him and of exchanging the same.
b) The money ... dollars from UK for bringing the same
to India whenever he travelled to India.
e) The assessee did not furnish the reason and any proof
travel-related expenses in embarking on this overseas assignment.
(b) The Employer will compensate the Employee an amount in US. dollars or travelers
cheques ... govern your deputation :-
(A) OverseasTravel and Reimbursement TCS shall be used travelers cheques, which is
designed for your use in meting initial expenses for transportation
travel-related expenses in embarking on this overseas assignment.
(b) The Employer will compensate the Employee an amount in US. dollars or travelers
cheques ... govern your deputation :-
(A) OverseasTravel and Reimbursement TCS shall be used travelers cheques, which is
designed for your use in meting initial expenses for transportation
Financial Services Ltd.an RBI authorized dealer in foreign
currencies and travelling cheques. This purchase was made from his explained source of
income
Financial Services Ltd.an RBI authorized dealer in foreign
currencies and travelling cheques. This purchase was made from his explained source of
income