INCOME TAX ACT 1967 (ACT 53) PART III - ASCERTAINMENT OF CHARGEABLE INCOME Chapter 4- Adjusted income and adjusted loss
Section 38A. Limitation on deduction of entertainment expenses.
[Ins. Act 364:s.5]
Where an employee's gross income from an employment under subsection 13 (1) includes for the basis period for a year of assessment any entertainment allowance, the amount of expenses deductible under subsection 33 (1) in respect of entertainment by the employee, shall not exceed the amount of such entertainment allowance included in that gross income.
