https://www.taxtmi.com/caselaws?id=191845 Expenditure on customer courtesy, news and advertisement gathering, and Filmfare Awards dinner was treated as integral to business activity rather than entertainment expenditure under section 37(2B), so it was allowed. Medical reimbursement to employees was covered by binding precedent and was not treated as a perquisite for disallowance under section 40A(5), so no disallowance was made on that basis. Depreciation on repurchased building, air-conditioning and plant was required to be computed with reference to the repurchase value as the written down value, so depreciation was to be worked out on that basis. en-us Tue, 18 Oct 1983 00:00:00 +0530 Wed, 26 Apr 2017 18:48:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191845 Expenditure on customer courtesy, news and advertisement gathering, and Filmfare Awards dinner was treated as integral to business activity rather than entertainment expenditure under section 37(2B), so it was allowed. Medical reimbursement to employees was covered by binding precedent and was not treated as a perquisite for disallowance under section 40A(5), so no disallowance was made on that basis. Depreciation on repurchased building, air-conditioning and plant was required to be computed with reference to the repurchase value as the written down value, so depreciation was to be worked out on that basis. Case-Laws Income Tax Tue, 18 Oct 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191845