Messing expenses not entertainment expenses under Income-tax Act for assessment year 1975-76

The High Court of Rajasthan upheld the Tribunal's decision that messing expenses are not entertainment expenses under section 37(2B) of the Income-tax Act, 1961 for the assessment year 1975-76. The ruling favored the assessee, with no costs awarded.

---

---

The High Court of Rajasthan upheld the Tribunal's decision regarding messing expenses not being entertainment expenses under section 37(2B) of the Income-tax Act, 1961 for the assessment year 1975-76. The decision was based on previous case law and ruled in favor of the assessee, with no costs awarded. (Case citation: 1988 (5) TMI 8 - RAJASTHAN High Court)

---