https://www.taxtmi.com/circulars?id=5249 Expenditure up to Rs. 35 per day per employee on food or beverages provided during working hours shall not be treated as entertainment expenditure even if provided outside the place of work, provided the expenditure is genuine and reasonable; only the excess over Rs. 35 per day per employee will be treated as entertainment, and the amount is income in the hands of the employee under section 17. The instruction applies from financial year 1995-96 relevant to assessment year 1996-97 and subsequent years. en-us Tue, 18 Jul 1995 00:00:00 +0530 Sat, 20 Sep 2008 17:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5249 Expenditure up to Rs. 35 per day per employee on food or beverages provided during working hours shall not be treated as entertainment expenditure even if provided outside the place of work, provided the expenditure is genuine and reasonable; only the excess over Rs. 35 per day per employee will be treated as entertainment, and the amount is income in the hands of the employee under section 17. The instruction applies from financial year 1995-96 relevant to assessment year 1996-97 and subsequent years. Circulars Income Tax Tue, 18 Jul 1995 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5249