https://www.taxtmi.com/caselaws?id=27037 The court ruled in favor of the assessee, determining that expenses on providing tea, coca cola, and food to customers were not disallowable entertainment expenditure under section 37(2B) of the Income-tax Act, 1961. Despite the significant amount spent, the court considered the expenses as customary in the commission agency business, not falling under the category of entertainment expenditure. The court emphasized that the nature of expenses should not be exaggerated to disallow minor costs, ultimately allowing the expenses as permissible deductions based on customary business practices. en-us Tue, 30 Apr 1985 00:00:00 +0530 Wed, 10 Feb 2010 13:33:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27037 The court ruled in favor of the assessee, determining that expenses on providing tea, coca cola, and food to customers were not disallowable entertainment expenditure under section 37(2B) of the Income-tax Act, 1961. Despite the significant amount spent, the court considered the expenses as customary in the commission agency business, not falling under the category of entertainment expenditure. The court emphasized that the nature of expenses should not be exaggerated to disallow minor costs, ultimately allowing the expenses as permissible deductions based on customary business practices. Case-Laws Income Tax Tue, 30 Apr 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27037