1. Search Case laws by Section / Act / Rule — now available beyond Income Tax. GST and Other Laws Available
2. New: “In Favour Of” filter added in Case Laws.
Try both these filters in Case Laws →
TaxTMI Login
🚀 New: Section-Wise Filter ✕
Just a moment...
1. Search Case laws by Section / Act / Rule — now available beyond Income Tax. GST and Other Laws Available
2. New: “In Favour Of” filter added in Case Laws.
Try both these filters in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
---------------- For section wise search only -----------------
Accuracy Level ~ 90%
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Bank's Tea and Cold Drinks Expenses Deemed Deductible, Not Entertainment Costs</h1> The High Court of Delhi held that expenses on providing tea and cold drinks to customers by a bank are deductible and not entertainment expenses. The ... Business Expenditure, Disallowance, Entertainment Expenditure The High Court of Delhi ruled that expenses incurred by a bank on providing tea and cold drinks to customers are not entertainment expenses and are deductible. The court upheld the decision of the Commissioner of Income-tax to reduce the disallowance of such expenses. The Tribunal dismissed the Revenue's appeal, citing previous court decisions supporting the deductibility of such expenses. The court answered the question of law in favor of the bank, based on previous rulings.
TaxTMI 
TaxTMI 
