Lokesh,a self-employed taxpayer,recently returned from a business conference out of town.Unfortunately,due to a malware attack on his system,he has lost his hotel and meal receipts.Due to the lack of receipts,Lokesh will not be able to deduct his hotel and meals.

Question

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Self-employed individuals can still claim deductions for travel expenses like hotel and meals if they can provide other evidence, such as credit card statements or a detailed log, to substantiate the expenses.

Lokesh,a Self-Employed Taxpayer,recently Returned from a Business Conference Out of Town.Unfortunately,due