![Mahindra & Mahindra entitled for Depreciation on Capital Expenditure of Exchange Fluctuation Loss: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/Mahindra-Mahindra-Income-Tax-Taxscan.jpg "Mahindra & Mahindra entitled for Depreciation on Capital Expenditure of Exchange Fluctuation Loss: ITAT [Read Order]")
Mahindra & Mahindra entitled for Depreciation on Capital Expenditure of Exchange Fluctuation Loss: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai ruled that Mahindra & Mahindra is entitled to depreciation on Capital Expenditure of exchange...
![Listing Fees Paid to the Stock Exchange not Capital Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/06/GST-Fees-Taxscan.jpg "Listing Fees Paid to the Stock Exchange not Capital Expenditure: ITAT [Read Order]")
![Expenditure incurred to Repair or Renovate existing Make-up Rooms are Revenue in Nature: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/Maintenance-Repair.jpg "Expenditure incurred to Repair or Renovate existing Make-up Rooms are Revenue in Nature: ITAT [Read Order]")
![Payment for Encashment of Bank Guarantee and Interest on Late Payment is Capital Expenditure: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/10/Refund-Claims-Delhi-High-Court-Taxscan.jpg "Payment for Encashment of Bank Guarantee and Interest on Late Payment is Capital Expenditure: Delhi High Court [Read Judgment]")
![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]")
Payment to Resume Sub-Tenanted Portion of Property is Capital Expenditure: Calcutta HC [Read Judgment]
A two-judge bench of the Calcutta High Court has held that the payment made to resume the sub-tenanted portion of the property is not business expenditure as the same amount to capital in nature, and...
![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]
In the case between Assistant Commissioner of Income Tax and M/s Gillanders Arbuthnot & Co Ltd, Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently held that expenses incurred on plants...
![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]
In the case of M/s Abhipra Capital Limited vs Deputy Commissioner of Income Tax (Investigation), the Delhi High Court held that amount paid to National Stock Exchange (NSE) as non-adjustable deposit...
![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]")