No Deduction to NRI for Travelling Expenses Incurred to manage Property in India: ITAT [Read Order]

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT), in Lal Nathirmal Moolchandan v. ITO (International Taxation)-4(1), has held that the travelling expenses incurred by a Non- Resident Indian to manage property in India is not deductible from total income under the provisions of the Income Tax Act, 1961. The assessee, in the instant […]

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