TMI BlogExpenditure on food or beverages provided to the employees by employers--Extent to be treated as entertainment--Section 37(2) of the Income-tax Act, 1961--Instructions regardingX X X X Extracts X X X X X X X X Extracts X X X X ..... ructions regarding. Circular No. 727 Dated 27/10/1995 To All Chief Commissioners of Income-tax, All Directors-General of Income-tax. Sir, Reference is invited to the Board's Circular No. 708, dated July 18, 1995 (F. No. 225/27/95-ITA.II)*, on the above referred subject. 2. In partial modification of the circular, the following sentence appearing at the end of para 2 :_ "In t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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