https://www.taxtmi.com/caselaws?id=37435 Expenditure on Satyanarayan Mahapooja, annual dinners and feeding of labourers was held not to qualify as a business deduction under section 10(2)(xv) of the Indian Income-tax Act, 1922 because it was not shown to be laid out wholly and exclusively for business. The amounts were not clearly segregated between religious and labour-related spending, the assessee had already paid wages and bonus, and there was no material showing commercial expediency or business necessity. Separate labour welfare expenses had also been claimed, but the impugned sums were not treated as such in the accounts. Accordingly, such entertainment or festive expenditure was not deductible. en-us Wed, 03 Aug 1977 00:00:00 +0530 Mon, 29 Mar 2010 16:14:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37435 Expenditure on Satyanarayan Mahapooja, annual dinners and feeding of labourers was held not to qualify as a business deduction under section 10(2)(xv) of the Indian Income-tax Act, 1922 because it was not shown to be laid out wholly and exclusively for business. The amounts were not clearly segregated between religious and labour-related spending, the assessee had already paid wages and bonus, and there was no material showing commercial expediency or business necessity. Separate labour welfare expenses had also been claimed, but the impugned sums were not treated as such in the accounts. Accordingly, such entertainment or festive expenditure was not deductible. Case-Laws Income Tax Wed, 03 Aug 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37435