1986 (9) TMI 19

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ssee to answer the following question of law: "Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal was right in holding that the expenditure incurred by the assessee in serving of tea, coffee, pan, meals, etc., to the customers is in the nature of entertainment expenditure within the meaning of section 37(2B) of the Income-tax Act, 1961, for the assessm....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....of the Revenue and rejected the appeal of the assessee. Hence, this reference at the instance of the assessee to answer the above quoted question of law. The question referred in the present case is covered by the earlier decision of this court in Pratap Cotton Trading Company v. CIT [1986] 159 ITR 926 (Raj), wherein it has been held that such expenses are not in the nature of entertainment exp....