https://www.taxtmi.com/caselaws?id=185949 Fees paid to a chartered accountant for preparing and filing income-tax returns were held not to qualify as expenditure laid out wholly and exclusively for the purposes of business under section 37(1) of the Income-tax Act, so the claim failed and the issue was answered for the revenue. Expenditure on customers for messing, tea and coffee was treated as entertainment expenditure under the applicable provision, but that point was covered by binding precedent in favour of the assessee, so the issue was answered for the assessee. en-us Thu, 31 Jan 2002 00:00:00 +0530 Sat, 03 Sep 2016 11:24:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185949 Fees paid to a chartered accountant for preparing and filing income-tax returns were held not to qualify as expenditure laid out wholly and exclusively for the purposes of business under section 37(1) of the Income-tax Act, so the claim failed and the issue was answered for the revenue. Expenditure on customers for messing, tea and coffee was treated as entertainment expenditure under the applicable provision, but that point was covered by binding precedent in favour of the assessee, so the issue was answered for the assessee. Case-Laws Income Tax Thu, 31 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185949