1988 (5) TMI 8 - HC - Income Tax

Summary

The High Court of Rajasthan upheld the Tribunal's decision regarding messing expenses not being entertainment expenses under section 37(2B) of the Income-tax Act, 1961 for the assessment year 1975-76. The decision was based on previous case law and ruled in favor of the assessee, with no costs awarded. (Case citation: 1988 (5) TMI 8 - RAJASTHAN High Court)