Expenditure 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 regarding

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..... 995 Circular
Income Tax
Expenditure 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 re .....

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..... , however, the amount shall be treated as income subject to the provisions of section 17 of the Act." may be substituted by the following :_ "In the hands of the employee, the amount up to Rs. 35 pe .....

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