1980 (12) TMI 10 - HC - Income Tax

Summary

The High Court of Madhya Pradesh ruled in favor of the assessee regarding entertainment expenses incurred for providing tea, coffee, etc., to customers, stating they were not hit by the provisions of the Income Tax Act. The Tribunal's decision was upheld based on previous court rulings. The judgment was delivered by G. P. Singh C.J. and U. N. Bachawat. The questions of law referred to the court were answered in favor of the assessee.