https://www.taxtmi.com/caselaws?id=329082 The Tribunal allowed the appeal, dismissing the Department's challenge regarding the disallowance of club expenses amounting to Rs. 8,45,854 for Assessment Year 2004-05. Relying on legal precedent and the decision in CIT Vs. United Glass Mfg. Co. Ltd., the Tribunal held that the club expenses incurred by the internationally reputed consultancy company were legitimate business expenditures under section 37 of the Income Tax Act, essential for conducting business activities and maintaining business relations. en-us Wed, 18 May 2016 00:00:00 +0530 Mon, 20 Jun 2016 14:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329082 The Tribunal allowed the appeal, dismissing the Department's challenge regarding the disallowance of club expenses amounting to Rs. 8,45,854 for Assessment Year 2004-05. Relying on legal precedent and the decision in CIT Vs. United Glass Mfg. Co. Ltd., the Tribunal held that the club expenses incurred by the internationally reputed consultancy company were legitimate business expenditures under section 37 of the Income Tax Act, essential for conducting business activities and maintaining business relations. Case-Laws Income Tax Wed, 18 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329082