https://www.taxtmi.com/caselaws?id=28271 The court upheld the disallowance of sales promotion expenses under section 37(2B) of the Income Tax Act, ruling that the expenses incurred on entertaining customers and business constituents were hospitality expenses, not routine working refreshments. However, the court overturned the disallowance of the balance of actual payment made in respect of bonus, stating that the amount was actually paid by the assessee in the relevant year and there was no claim made on accrual basis in previous years. Each party was directed to bear their own costs. en-us Tue, 01 Feb 1983 00:00:00 +0530 Sat, 20 Feb 2010 11:10:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28271 The court upheld the disallowance of sales promotion expenses under section 37(2B) of the Income Tax Act, ruling that the expenses incurred on entertaining customers and business constituents were hospitality expenses, not routine working refreshments. However, the court overturned the disallowance of the balance of actual payment made in respect of bonus, stating that the amount was actually paid by the assessee in the relevant year and there was no claim made on accrual basis in previous years. Each party was directed to bear their own costs. Case-Laws Income Tax Tue, 01 Feb 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28271