https://www.taxtmi.com/caselaws?id=25926 The High Court of Rajasthan held that the expenses claimed by the limited company for providing hot and cold drinks, refreshments, etc., to customers and veoparies were not entertainment expenditure under section 37(2B) of the Income-tax Act, 1961. The court directed the Tribunal to reassess the expenses based on the principles outlined in Devichand Bastimal's case and the relevant legal provisions. Each party was ordered to bear their own costs, and the matter was to be referred back to the Tribunal for further proceedings in accordance with the Income-tax Act, 1961. en-us Tue, 03 Dec 1985 00:00:00 +0530 Mon, 01 Feb 2010 17:12:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25926 The High Court of Rajasthan held that the expenses claimed by the limited company for providing hot and cold drinks, refreshments, etc., to customers and veoparies were not entertainment expenditure under section 37(2B) of the Income-tax Act, 1961. The court directed the Tribunal to reassess the expenses based on the principles outlined in Devichand Bastimal's case and the relevant legal provisions. Each party was ordered to bear their own costs, and the matter was to be referred back to the Tribunal for further proceedings in accordance with the Income-tax Act, 1961. Case-Laws Income Tax Tue, 03 Dec 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25926