https://www.taxtmi.com/caselaws?id=21550 The court ruled in favor of the Revenue, determining that the sum claimed as entertainment expenditure for providing tea and cold drinks to customers should be disallowed under section 37(2A) of the Income-tax Act. The court emphasized the retrospective effect of Explanation 2, clarifying that hospitality expenses fall under entertainment expenditure, leading to the decision against the assessee. en-us Wed, 22 Apr 1992 00:00:00 +0530 Wed, 25 Nov 2009 12:40:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21550 The court ruled in favor of the Revenue, determining that the sum claimed as entertainment expenditure for providing tea and cold drinks to customers should be disallowed under section 37(2A) of the Income-tax Act. The court emphasized the retrospective effect of Explanation 2, clarifying that hospitality expenses fall under entertainment expenditure, leading to the decision against the assessee. Case-Laws Income Tax Wed, 22 Apr 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21550