![Business Expenses Incurred Wholly for Proprietorship and Partnership Activities cannot be Denied on Mere Presumption: ITAT deletes Addition u/s 37(1) [Read Order]](https://images.taxscan.in/h-upload/2025/11/11/500x300_2104171-business-expenses-proprietorship-partnership-activities-itat-taxscan.webp "Business Expenses Incurred Wholly for Proprietorship and Partnership Activities cannot be Denied on Mere Presumption: ITAT deletes Addition u/s 37(1) [Read Order]")
Business Expenses Incurred Wholly for Proprietorship and Partnership Activities cannot be Denied on Mere Presumption: ITAT deletes Addition u/s 37(1) [Read Order]
The Ahmedabad bench of Income Tax AppellateTribunal (ITAT), Ahmedabad, held that business expenses incurred wholly for proprietorship and partnership...
![Relief to PNB: ITAT Allows Rs.12.62 Lakh Club Membership Fee as Business Expense u/s 37 of ITA [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Relief-PNB-ITAT-Allows-Club-Membership-Business-Expense-us-37-of-ITA-Taxscan.jpg "Relief to PNB: ITAT Allows Rs.12.62 Lakh Club Membership Fee as Business Expense u/s 37 of ITA [Read Order]")
![Amalgamation Expenses not Treated as Business Expenses u/s 37(1) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Amalgamation-Expenses-Treated-Business-Expenses-Income-Tax-Act-ITAT-taxscan.jpg "Amalgamation Expenses not Treated as Business Expenses u/s 37(1) of Income Tax Act: ITAT [Read Order]")
![Directors Salary and Handover Facility Expenses are Incurred Yearly and are Business Expenses: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Directors-Salary-Directors-Salary-and-Handover-Facility-Expenses-Business-Expenses-ITAT-taxscan.jpg "Directors Salary and Handover Facility Expenses are Incurred Yearly and are Business Expenses: ITAT [Read Order]")
![Internet Expenses, Labour Charges as Allowable Business Expenses: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Internet-Expenses-Labour-Charges-Business-Expenses-ITAT-Income-Tax-taxscan.jpg "Internet Expenses, Labour Charges as Allowable Business Expenses: ITAT [Read Order]")
Jharkhand HC confirms Deletion of Income Tax Addition on Business Expenses under “Provision for Warranty Expenses” [Read Order]
A Division Bench of the Jharkhand High Court confirmed the deletion of income tax addition on Business expenses under “Provision for Warranty Expenses”. The Respondent-assessee,Heavy Engineering...
![Jharkhand HC confirms Deletion of Income Tax Addition on Business Expenses under “Provision for Warranty Expenses” [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Jharkhand-High-Court-Jharkhand-HC-confirms-Deletion-of-Income-Tax-Addition-Income-Tax-Addition-Income-Tax-Addition-on-Business-Expenses-Business-Expenses-Taxscan.jpg "Jharkhand HC confirms Deletion of Income Tax Addition on Business Expenses under “Provision for Warranty Expenses” [Read Order]")
Expenditure resulting in Income or Substantial Income not necessary for granting Deduction for Business Purpose: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) has held that, Expenditure resulting in income or substantial income not necessary for granting deduction for business purposes. The assessee, M/s....
![Expenditure resulting in Income or Substantial Income not necessary for granting Deduction for Business Purpose: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Expenditure-income-substantial-income-deduction-business-ITAT-Taxscan.jpg "Expenditure resulting in Income or Substantial Income not necessary for granting Deduction for Business Purpose: ITAT [Read Order]")
Legal and Professional Expenses incurred to Defend Criminal Charges against Directors of Company allowable as Business Expenses: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that these expenses incurred on legal, professional, travelling and boarding are allowable as business expenditure of the...
![Legal and Professional Expenses incurred to Defend Criminal Charges against Directors of Company allowable as Business Expenses: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Legal-and-Professional-Expenses-Defend-Criminal-Charges-Directors-Company-allowable-Business-Expenses-ITAT-Taxscan.jpeg "Legal and Professional Expenses incurred to Defend Criminal Charges against Directors of Company allowable as Business Expenses: ITAT [Read Order]")
Course Fee paid to Harward Business School for Director allowable as Business Expenses of Company: ITAT allows Income Tax Deduction [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the course fee paid to Harward Business School for the director is allowable as business expenses of the Company and...
![Course Fee paid to Harward Business School for Director allowable as Business Expenses of Company: ITAT allows Income Tax Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Course-Fee-Harward-Business-School-Business-Expenses-ITAT-Income-Tax-Deduction-Taxscan.jpeg "Course Fee paid to Harward Business School for Director allowable as Business Expenses of Company: ITAT allows Income Tax Deduction [Read Order]")
ITAT allows Business Loss including an Amount paid as Managerial Remuneration as it is included in Business Expenses [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) allowed the business loss including an amount paid as managerial remuneration. The assessee, M/s. Universal Buildrise Private...
![ITAT allows Business Loss including an Amount paid as Managerial Remuneration as it is included in Business Expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/ITAT-business-loss-Business-Expenses-Taxscan.jpg "ITAT allows Business Loss including an Amount paid as Managerial Remuneration as it is included in Business Expenses [Read Order]")