![Architect Fees paid for Construction of Building is Capital Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Architect-Fees-Taxscan.jpg "Architect Fees paid for Construction of Building is Capital Expenditure: ITAT [Read Order]")
Architect Fees paid for Construction of Building is Capital Expenditure: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the architect fees paid by the assessee for the construction of the building...
![Payment to Resume Sub-Tenanted Portion of Property is Capital Expenditure: Calcutta HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/07/Sub-Tenanted-Taxscan.jpg "Payment to Resume Sub-Tenanted Portion of Property is Capital Expenditure: Calcutta HC [Read Judgment]")
![ITAT Allows Deduction for Expenses incurred on Replantation without any Expansion of Plantation Area or Re-plantation in an Abandoned Area [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Deduction-Taxscan.jpg "ITAT Allows Deduction for Expenses incurred on Replantation without any Expansion of Plantation Area or Re-plantation in an Abandoned Area [Read Order]")
![Amount paid to National Stock Exchange as Non-Adjustable Deposit for Acquisition of Membership is Capital Expenditure: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/01/Capital-Expenditure-Taxscan.jpg "Amount paid to National Stock Exchange as Non-Adjustable Deposit for Acquisition of Membership is Capital Expenditure: Delhi HC [Read Judgment]")
Payment of Non-Competent Fee is Capital Expenditure since Assessee obtained an Advantage of an Enduring Nature: Delhi HC [Read Judgment]
A division bench of the Delhi High Court recently observed that no expenditure can be allowed in respect of non-competent fee since assessee obtained an advantage of an enduring nature as per the...
![Payment of Non-Competent Fee is Capital Expenditure since Assessee obtained an Advantage of an Enduring Nature: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/08/Non-Compete-Fee-Taxscan.jpg "Payment of Non-Competent Fee is Capital Expenditure since Assessee obtained an Advantage of an Enduring Nature: Delhi HC [Read Judgment]")
Technical Know-How and Royalty Payments made by Honda SEIL Cars to HCL, Japan is Capital Expenditure: SC [Read Judgment]
In Honda SEIL Cars India Ltd v. CIT, a two-judge bench of the Supreme Court held that the technical Know-how and royalty payments made by Honda SEIL Cars to HCL, Japan under the joint venture...
![Technical Know-How and Royalty Payments made by Honda SEIL Cars to HCL, Japan is Capital Expenditure: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan.jpg "Technical Know-How and Royalty Payments made by Honda SEIL Cars to HCL, Japan is Capital Expenditure: SC [Read Judgment]")
Corpus Fund received for meeting Capital Expenditure is not Taxable in the hands of a Trust not registered u/s 12AA: ITAT Delhi [Read Order]
Recently, in Divine Educational Institute and Social Development Society v. ITO, the Delhi ITAT held that corpus fund which is meant for specific purpose to meet out capital expenditure could not be...
![Corpus Fund received for meeting Capital Expenditure is not Taxable in the hands of a Trust not registered u/s 12AA: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Corpus Fund received for meeting Capital Expenditure is not Taxable in the hands of a Trust not registered u/s 12AA: ITAT Delhi [Read Order]")
Interest Paid on Account of Investment in Properties is Capital Expenditure: ITAT Bangalore [Read Order]
The ITAT, Bangalore bench, in a recent ruling confirmed the finding of the Commissioner of Income Tax (Appeal) that the interest paid by the assessee on account of investing in properties are capital...
![Interest Paid on Account of Investment in Properties is Capital Expenditure: ITAT Bangalore [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Chandigarh-Taxscan.jpg "Interest Paid on Account of Investment in Properties is Capital Expenditure: ITAT Bangalore [Read Order]")
Interest towards Closing Stock is Capital Expenditure, Grants from Government is not Taxable: ITAT Delhi [Read Order]
In a recent ruling, the Delhi bench of Income Tax Appellate Tribunal allowed expenditure on interest pertaining to closing stock since it is 'capital' in nature.The Tribunal, further allowed another...
![Interest towards Closing Stock is Capital Expenditure, Grants from Government is not Taxable: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "Interest towards Closing Stock is Capital Expenditure, Grants from Government is not Taxable: ITAT Delhi [Read Order]")