1987 (8) TMI 6

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....the instance of the assessee is to answer the following questions of law: "(1) Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the expenses incurred by the assessee mills in providing simple meals, breakfast and tea to its customers and suppliers, etc., coming from outside, as customary expenditure were in the nature of entertainment expenses a....

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....llowed by the Tribunal. Similarly, the company claimed that its surtax liability is an expenditure incurred wholly and exclusively for the purpose of its business on account of which the same is also a permissible deduction not hit by the prohibition contained in section 40(a)(ii) of the Income-tax Act, 1961. This contention also has been rejected by the Tribunal. Hence, this reference. Both th....