https://www.taxtmi.com/caselaws?id=24290 The High Court, after a Full Bench review, concluded that expenditure incurred by a firm for messing its customers constituted "entertainment expenditure" under sections 37(2A) and (2B) of the Income-tax Act. The court upheld the decision disallowing the deduction, ruling in favor of the Income-tax Appellate Tribunal. The assessee's claim for deduction of messing expenditure was denied, affirming it as entertainment expenditure under the Act. The court rejected the reference, holding that the expenses were rightly disallowed under section 37(2B) without awarding costs. en-us Wed, 08 Mar 1989 00:00:00 +0530 Tue, 19 Jan 2010 10:44:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24290 The High Court, after a Full Bench review, concluded that expenditure incurred by a firm for messing its customers constituted "entertainment expenditure" under sections 37(2A) and (2B) of the Income-tax Act. The court upheld the decision disallowing the deduction, ruling in favor of the Income-tax Appellate Tribunal. The assessee's claim for deduction of messing expenditure was denied, affirming it as entertainment expenditure under the Act. The court rejected the reference, holding that the expenses were rightly disallowed under section 37(2B) without awarding costs. Case-Laws Income Tax Wed, 08 Mar 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24290