https://www.taxtmi.com/caselaws?id=34695 Expenditure on providing mineral and aerated water to foreign customers was treated as entertainment expenditure within Section 37(2A) of the Income-tax Act, making it disallowable under the statutory restriction. The court relied on authoritative precedent to hold that hospitality in the form of drinks and water could fall within the scope of entertainment expenditure. The contention that the amount was otherwise allowable under Section 37(1) was not examined, as it lay outside the referred question. The reference was answered against the assessee and the Tribunal's disallowance was upheld. en-us Mon, 05 Oct 2009 00:00:00 +0530 Fri, 09 Oct 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34695 Expenditure on providing mineral and aerated water to foreign customers was treated as entertainment expenditure within Section 37(2A) of the Income-tax Act, making it disallowable under the statutory restriction. The court relied on authoritative precedent to hold that hospitality in the form of drinks and water could fall within the scope of entertainment expenditure. The contention that the amount was otherwise allowable under Section 37(1) was not examined, as it lay outside the referred question. The reference was answered against the assessee and the Tribunal's disallowance was upheld. Case-Laws Income Tax Mon, 05 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34695