25% of Event Management Expenses Disallowed Due to Lack of Invitee Details and Potential Personal Guest Inclusion by Directors.

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....Disallowance of Event Management Expenses - Assessee failed to furnish the details of the invitees, the procedure adopted for selecting invitees - there is no evidence on record suggesting that there was no personal guest of the directors in such event/gathering - disallowance limited to the extent of 25% of the total expenses.....