https://www.taxtmi.com/caselaws?id=60230 Entertainment expenditure on public relations was partly restricted, with 25% allowed as employee-related expenditure and the balance disallowed. Presentation articles remained disallowable under Rule 6B. The free use of a car with driver for the managing director was treated as official use, so the section 40(c) disallowance was deleted. Statutory minimum bonus was allowed under the bonus law and section 36(1)(ii), while the additional settlement payment was allowed as business expenditure under section 37(1) because it was paid to secure industrial peace and uninterrupted production. A lump sum for technical know-how was held revenue in nature, and incentive wages were treated as wages, not bonus. en-us Sat, 21 Mar 1992 00:00:00 +0530 Tue, 04 Jan 2011 13:16:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60230 Entertainment expenditure on public relations was partly restricted, with 25% allowed as employee-related expenditure and the balance disallowed. Presentation articles remained disallowable under Rule 6B. The free use of a car with driver for the managing director was treated as official use, so the section 40(c) disallowance was deleted. Statutory minimum bonus was allowed under the bonus law and section 36(1)(ii), while the additional settlement payment was allowed as business expenditure under section 37(1) because it was paid to secure industrial peace and uninterrupted production. A lump sum for technical know-how was held revenue in nature, and incentive wages were treated as wages, not bonus. Case-Laws Income Tax Sat, 21 Mar 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60230