https://www.taxtmi.com/caselaws?id=15806 The High Court of BOMBAY ruled in favor of the Revenue, denying the deduction of Rs. 54,305 claimed by the assessee for hospitality expenses under section 37(1) of the Income-tax Act, 1961. The court held that the expenses fell under the expanded definition of "entertainment expenditure" which now included hospitality expenses, as per an Explanation inserted in section 37(2A) by the Finance Act, 1983. The court found the Income-tax Officer's disallowance of most of the claimed amount to be correct, contrary to the Tribunal's decision to allow the full deduction. en-us Mon, 02 Aug 1999 00:00:00 +0530 Sat, 29 Aug 2009 12:22:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15806 The High Court of BOMBAY ruled in favor of the Revenue, denying the deduction of Rs. 54,305 claimed by the assessee for hospitality expenses under section 37(1) of the Income-tax Act, 1961. The court held that the expenses fell under the expanded definition of "entertainment expenditure" which now included hospitality expenses, as per an Explanation inserted in section 37(2A) by the Finance Act, 1983. The court found the Income-tax Officer's disallowance of most of the claimed amount to be correct, contrary to the Tribunal's decision to allow the full deduction. Case-Laws Income Tax Mon, 02 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15806