Expenditure on food or beverages provided to the employees by employers--Extent to be treated as entertainment--Section 37(2) of the Income-tax Act, 1961--Instructions regarding
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....95 Circular<br>Income Tax<br>Expenditure on food or beverages provided to the employees by employers--Extent to be treated as entertainment--Section 37(2) of the Income-tax Act, 1961--Instructions reg....
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.... however, the amount shall be treated as income subject to the provisions of section 17 of the Act." may be substituted by the following :_ "In the hands of the employee, the amount up to Rs. 35 per....




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