1975 (12) TMI 86

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....ers allowing certain claims which were disallowed by ITO under s. 37(2-B). The assessee had incurred expenses which were described as refreshment expenses amounting to Rs. 41,812 for the asst. yr. 1970-71 and Rs. 41,388 for the asst. yr. 1971-72. The ITO disallowed the expenses incurred after 28th Feb., 1970, completely and in respect of the earlier period allowed only according to s. 37(2-B). The....