From our Legal Corner

By Vijay Kumar

Legal Corner Icon — the image was hosted by the publisher and was not captured.Chairman’s wife on foreign tour – eligible for deduction (of course expenses, not the wife)

The Chairman of a company takes his wife along for a foreign tour. Are the wife’s expenses deductible? “YES”, says the ITAT. We will bring you the order on Monday.

Customs refunds – no unjust enrichment prior to 2006? For more details and the case law, you will have to wait till Monday.