https://www.taxtmi.com/caselaws?id=22227 The High Court ruled in favor of the assessee in a case involving the treatment of expenditure under the Income-tax Act, 1961. The court held that the expenditure of Rs. 17,687 for messing facilities provided to employees was not disallowable as entertainment expenditure under section 37(2B). Additionally, the expenditure was not liable to be disallowed as guest house expenditure under sections 37(3) and 37(4) as it was deemed to be incurred wholly and exclusively for business purposes. However, the court disallowed Rs. 500 as depreciation on the guest house, concluding that depreciation on the part used as a guest house was not allowable under section 37(4)(ii). en-us Wed, 24 Jul 1991 00:00:00 +0530 Tue, 08 Dec 2009 12:13:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22227 The High Court ruled in favor of the assessee in a case involving the treatment of expenditure under the Income-tax Act, 1961. The court held that the expenditure of Rs. 17,687 for messing facilities provided to employees was not disallowable as entertainment expenditure under section 37(2B). Additionally, the expenditure was not liable to be disallowed as guest house expenditure under sections 37(3) and 37(4) as it was deemed to be incurred wholly and exclusively for business purposes. However, the court disallowed Rs. 500 as depreciation on the guest house, concluding that depreciation on the part used as a guest house was not allowable under section 37(4)(ii). Case-Laws Income Tax Wed, 24 Jul 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22227