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![ITAT upholds Sun Pharma Labs Ltd.s Deduction for Consultancy fees paid to McKinsey & Company, Classifying it as Revenue Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-ITAT-Ahmedabad-Sun-Pharma-Labs-Ltd-ITAT-tax-decision-TAXSCAN.jpg "ITAT upholds Sun Pharma Labs Ltd.s Deduction for Consultancy fees paid to McKinsey & Company, Classifying it as Revenue Expenditure [Read Order]")
ITAT upholds Sun Pharma Labs Ltd.'s Deduction for Consultancy fees paid to McKinsey & Company, Classifying it as Revenue Expenditure [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the decision of the Commissioner of Income Tax(Appeals)[CIT(A)] regarding Sun...
![Accumulation Income can be applied towards Acquisition of Fixed Assets u/s 11(6) of Income Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Accumulation-Income-Income-Tax-Act-Income-Tax-Appellate-Tribunal-Fixed-Assets-Fixed-Assets-Acquisition-taxscan.jpg "Accumulation Income can be applied towards Acquisition of Fixed Assets u/s 11(6) of Income Tax: ITAT [Read Order]")
![Community Service Contributions by Employer as per MOU with Workers Union is Business Expenditure, rules Bombay HC in Relief to Tata Engineering [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Act-Bombay-High-Court-Tata-Engineering-MOU-TAXSCAN.jpg "Community Service Contributions by Employer as per MOU with Workers Union is Business Expenditure, rules Bombay HC in Relief to Tata Engineering [Read Order]")
Expenditure incurred by Addition to Buildings and Electrical Fittings on Leasehold Premises is Capital Expenditure: Kerala HC [Read Order]
In a recent decision a division bench of the Kerala High Court ruled that the expenditure incurred by way of addition to buildings and electrical fittings on leasehold premises is capital expenditure...
![Expenditure incurred by Addition to Buildings and Electrical Fittings on Leasehold Premises is Capital Expenditure: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/kerala-High-Court-First-Appellate-Authority-Income-Tax-Department-Addition-to-buildings-Addition-to-electrical-fittings-taxscan.jpeg "Expenditure incurred by Addition to Buildings and Electrical Fittings on Leasehold Premises is Capital Expenditure: Kerala HC [Read Order]")
