https://www.taxtmi.com/caselaws?id=24603 The High Court ruled in favor of the assessee, allowing the expenses incurred on providing snacks as a deduction under section 37(2B) of the Income-tax Act, 1961. However, the issue of capital expenditure on obtaining a survey and feasibility report for a polythene plant was not decided due to insufficient facts presented. The Court upheld the decision that surtax liability is not deductible for income tax purposes, ruling in favor of the Revenue. No costs were awarded in this case. en-us Wed, 23 Sep 1987 00:00:00 +0530 Thu, 21 Jan 2010 11:24:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24603 The High Court ruled in favor of the assessee, allowing the expenses incurred on providing snacks as a deduction under section 37(2B) of the Income-tax Act, 1961. However, the issue of capital expenditure on obtaining a survey and feasibility report for a polythene plant was not decided due to insufficient facts presented. The Court upheld the decision that surtax liability is not deductible for income tax purposes, ruling in favor of the Revenue. No costs were awarded in this case. Case-Laws Income Tax Wed, 23 Sep 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24603