Held that the expenditure on movie tickets, as incurred for maintaining client relations, is allowable as a deduction. (AY. 2013 14)
Asst. CIT v. Kerry Indev Logistics P. Ltd (2025) 131 ITR 100 (Chennai) (Trib)
S. 37(1) : Business expenditure-Expenditure on movie tickets provided to staff of clients for chairman’s film-Incurred for maintaining good relations with clients-Deduction allowable.
Leave a Reply