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>Banking company's coffee & tea service not entertainment expenditure under Income-tax Act</h1> The High Court of Karnataka held that serving coffee and tea to customers by a banking company during business hours does not amount to entertainment ... Banking Company, Business Expenditure, Expenditure In The Nature Of Entertainment Expenditure, Expenditure Incurred The High Court of Karnataka ruled that the expenditure incurred by a banking company on serving coffee and tea to customers during business hours does not constitute entertainment expenditure under section 37(2B) of the Income-tax Act, 1961. The court held in favor of the assessee, stating that serving coffee and tea was a matter of courtesy and incidental to the business. The revenue's appeal was dismissed, and no costs were awarded.
TaxTMI 
TaxTMI 
