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TMI Blog1993 (6) TMI 24X X X X Extracts X X X X X X X X Extracts X X X X ..... tance of the Revenue, the Income-tax Appellate Tribunal made a joint reference for the assessment years 1969-70, 1971-72 and 1972-73. Three applications were made to the Income-tax Appellate Tribunal as the questions which the assessee wanted to be referred to this court arose out of three orders passed in three separate appeals by the Tribunal. The Tribunal, therefore, ought to have made three se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -tax Appellate Tribunal was justified in law in allowing Rs. 3,661 and Rs. 9,540 for the assessment year 1971-72 and Rs. 31,946 for the assessment year 1972-73 as business expenditure ?" Question No. 1 pertains to all the three assessment years. Question No. 2 arises for the assessment years 1971-72 and 1972-73. So far as question No. 1 is concerned, it stands covered, though not directly, by a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ith the society in future in the same way they had done in the past 25 years. The silver jubilee afforded an occasion for the society to incur this expenditure for keeping the members in good humour solely with the object of preserving and bettering its business prospects in future. On that basis, the said expenditure was held deductible as business expenditure. In CIT v. Kaira District Co-operat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r 1971-72, though described as guest entertainment expenses,were in actuality expenses incurred for the purpose of serving tea, snacks and food to the primary members of the assessee-society and its customers and visitors having work with the assessee. They did not represent the expenditure incurred for the purpose of maintenance of guest house. In view of this clear finding of fact which is now n ..... X X X X Extracts X X X X X X X X Extracts X X X X
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