Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2009 (10) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2009 (10) TMI 2 - ALLAHABAD HIGH COURTDeduction under section 37(2A) - expenditure on providing 'hospitality' - On scrutiny of the details of expenses, it was found by the Assessing Officer that the expenditure includes expenses on account of providing hot and cold drinks, beer and whiskey to foreign tourists. Consequently, it allowed a statutory deduction of Rs.5,000/- and a sum of Rs.1,09,620/- was disallowed treating the expenditure as that of entertainment nature – ITAT confirmed the order of AO – Assessee pleaded that expenditure disallowed by the Tribunal can be allowed under Section 37 (1) of the Income Tax Act – Held that – question of deduction under section 37(1) has not be referred to high court – therefore answer is restricted to deduction u/s 37(2) – order of ITAT uphold.
|