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Personal expenses and refresh expenses for it

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(Querist)
16 September 2021 Sir,
It assess net profit as per profit and loss account rs:5,50,615/-in f.y.20-21
Add: estimated personal expenses rs:10,000/-(personal expenses rs:1,50,000/- debited to capital account
Add:sadar (refreshment) expenses rs:5200/-debited to profit and loss account.
Total taxable income rs:5,65,815/-show in itr in f.y.20-21.
Question:
Assess sadar( refreshment) expenses and personal expenses not allowed in it act.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
17 September 2021 For any business entity, any personal expenses not allowed, but refreshment expenses allowed to certain limit.
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Kollipara Sundaraiah

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Kollipara Sundaraiah (Querist)
17 September 2021 limit for refreshment expenses in it act
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
17 September 2021 The answer provided is for business expenditures, not the same in employees hand.
For employee any Tiffin/Lunch/Dinner /Refreshment Allowance given is fully taxable.
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