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2020 (11) TMI 737 - AT - Income TaxDisallowance of club services and facilities used for entertaining the customers and to promote the business interests of the company - expenses allowable u/s 37(1) - HELD THAT:- The assessee has incurred the expenses on account of club membership fees for the employees and to entertain customers, so, these were business expenses under section 37(1) of the Act. We therefore by following the ratio laid down in UNITED GLASS MFG CO. LTD. [2012 (9) TMI 914 - SUPREME COURT], delete the disallowance made by the A.O. and sustained by the Ld. CIT(A). - Decided in favour of assessee.
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