https://www.taxtmi.com/caselaws?id=17027 The court ruled in favor of the Revenue, emphasizing that entertainment expenses under section 37(2) of the Income-tax Act, 1961 should be computed based on the collective income of the company, not individual units. Regarding the deduction under section 80J, the court endorsed the consideration of valid rules, such as rule 19A, in calculating relief and emphasized the importance of adhering to consistent rules in tax assessments. en-us Tue, 02 Sep 1997 00:00:00 +0530 Mon, 14 Sep 2009 16:38:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17027 The court ruled in favor of the Revenue, emphasizing that entertainment expenses under section 37(2) of the Income-tax Act, 1961 should be computed based on the collective income of the company, not individual units. Regarding the deduction under section 80J, the court endorsed the consideration of valid rules, such as rule 19A, in calculating relief and emphasized the importance of adhering to consistent rules in tax assessments. Case-Laws Income Tax Tue, 02 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17027