1986 (11) TMI 17

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....company runs a textile mill at Kishangarh, District Ajmer. For the assessment year 1972-73, it claimed,inter alia, the following expenses : Rs. 1. Entertainment expenses incurred in providing tea, cold drinks, etc. ... 4,826 2. Expenses on guest house maintenance ... 9,403 -------------- 14,229 -------------- The Income-tax Officer disallowed the said expenses. On appeal, the ....

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....2B) of the Income-tax Act, 1961, and are allowable in computing the total income of the company ? 2. Whether the words 'maintenance of guest house' as given in Explanation (ii) to sub-section (4) of section 37 include the expenses incurred on running of mess for customers or they include only rent, electricity, water, for its maintenance ?" Shri Ranka, learned counsel for the assessee, has p....