1986 (9) TMI 18 - HC - Income Tax

Summary

The High Court of Rajasthan ruled that messing expenses incurred for supplying bare meals to customers and constituents are allowable as business expenditure under section 37(2B) of the Income-tax Act, 1961. The Tribunal's decision was overturned in favor of the assessee. (Case citation: 1986 (9) TMI 18 - RAJASTHAN High Court)