https://www.taxtmi.com/caselaws?id=25614 Expenditure on serving tea, coffee, pan, meals and similar items to customers visiting the business premises was held not to be entertainment expenditure under section 37(2B) of the Income-tax Act, 1961. Where such outgoings are incurred for customers and constituents in the course of business and are not in the nature of entertainment, they are deductible as business expenditure. The article follows binding precedent applying that principle and states that the amount was allowable, with the issue answered in favour of the assessee. en-us Thu, 18 Sep 1986 00:00:00 +0530 Fri, 29 Jan 2010 17:08:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25614 Expenditure on serving tea, coffee, pan, meals and similar items to customers visiting the business premises was held not to be entertainment expenditure under section 37(2B) of the Income-tax Act, 1961. Where such outgoings are incurred for customers and constituents in the course of business and are not in the nature of entertainment, they are deductible as business expenditure. The article follows binding precedent applying that principle and states that the amount was allowable, with the issue answered in favour of the assessee. Case-Laws Income Tax Thu, 18 Sep 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25614