https://www.taxtmi.com/caselaws?id=63629 Expenditure on tea, cold drinks and similar refreshments for visiting customers was treated as ordinary business hospitality rather than entertainment expenditure under the Income-tax Act. The expenses were incurred in the course of business as a matter of customary courtesy, and were not shown to be lavish, wasteful or extravagant in relation to turnover; accordingly, the statutory restriction did not apply and the disallowance was unsustainable. en-us Wed, 19 Mar 1980 00:00:00 +0530 Tue, 01 Feb 2011 11:30:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63629 Expenditure on tea, cold drinks and similar refreshments for visiting customers was treated as ordinary business hospitality rather than entertainment expenditure under the Income-tax Act. The expenses were incurred in the course of business as a matter of customary courtesy, and were not shown to be lavish, wasteful or extravagant in relation to turnover; accordingly, the statutory restriction did not apply and the disallowance was unsustainable. Case-Laws Income Tax Wed, 19 Mar 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63629