https://www.taxtmi.com/caselaws?id=20241 The High Court of GUJARAT directed the Tribunal to register separate references for three orders passed in three appeals for different assessment years. Expenditure for annual day celebrations was allowed as a business expense following precedent. Guest entertainment expenses for serving tea, snacks, and food were considered deductible business expenses. Similarly, expenses for providing refreshments were also treated as deductible business expenses. The Court ruled in favor of the assessee on all issues, denying costs to either party. en-us Mon, 21 Jun 1993 00:00:00 +0530 Thu, 12 Nov 2009 16:45:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20241 The High Court of GUJARAT directed the Tribunal to register separate references for three orders passed in three appeals for different assessment years. Expenditure for annual day celebrations was allowed as a business expense following precedent. Guest entertainment expenses for serving tea, snacks, and food were considered deductible business expenses. Similarly, expenses for providing refreshments were also treated as deductible business expenses. The Court ruled in favor of the assessee on all issues, denying costs to either party. Case-Laws Income Tax Mon, 21 Jun 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20241