https://www.taxtmi.com/caselaws?id=11464 The court upheld the Tribunal's decision, ruling that certain business promotion expenses were not deductible under section 37(1) of the Act. The Tribunal's deviation from previous court decisions was deemed justified due to differing nature of expenses. The court agreed with the classification of expenses as entertainment expenditure under section 37(2). The Appellate Tribunal's limitation on claimed expenditure was found reasonable and sustainable, resulting in a ruling in favor of the assessee with disposal of all references without costs. en-us Wed, 31 Jul 2002 00:00:00 +0530 Mon, 10 Aug 2009 11:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11464 The court upheld the Tribunal's decision, ruling that certain business promotion expenses were not deductible under section 37(1) of the Act. The Tribunal's deviation from previous court decisions was deemed justified due to differing nature of expenses. The court agreed with the classification of expenses as entertainment expenditure under section 37(2). The Appellate Tribunal's limitation on claimed expenditure was found reasonable and sustainable, resulting in a ruling in favor of the assessee with disposal of all references without costs. Case-Laws Income Tax Wed, 31 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11464