![Repair & Maintenance Expenditure incurred by Hotel is Revenue in Nature: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Hotel-Taxscan.jpg "Repair & Maintenance Expenditure incurred by Hotel is Revenue in Nature: Delhi HC [Read Order]")
Repair & Maintenance Expenditure incurred by Hotel is Revenue in Nature: Delhi HC [Read Order]
The Delhi High Court recently ruled that the repair and maintenance expenditure incurred by a Hotel is revenue expenditure under the Income Tax Act. ...
![TP Adjustment can be applied to Overseas Subsidiary even without obtaining any Royalty: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/12/Dabur-Taxscan.jpg "TP Adjustment can be applied to Overseas Subsidiary even without obtaining any Royalty: Delhi HC [Read Judgment]")
![Share Application Money cannot be deemed as Unexplained when the payment is Evident through Bank Details: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Sale-of-Shares-Tax-Scan.jpg "Share Application Money cannot be deemed as Unexplained when the payment is Evident through Bank Details: Delhi HC [Read Judgment]")
![Delhi HC Upholds Clubbing of Two distinct Revenue Streams for ALP purpose: Grants Relief to ESPN [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/ESPN-Taxscan.jpg "Delhi HC Upholds Clubbing of Two distinct Revenue Streams for ALP purpose: Grants Relief to ESPN [Read Order]")
Change of Opinion between CIT and TPO cannot be a Ground for Interference: Delhi HC grants relief to MakeMyTrip [Read Order]
The Delhi High Court recently observed that difference of opinion between Commissioner of Income Tax (CIT) (A) and Transfer Pricing Officer (TPO) cannot be a ground for interference. The division...
![Change of Opinion between CIT and TPO cannot be a Ground for Interference: Delhi HC grants relief to MakeMyTrip [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/Make-my-trip.jpg "Change of Opinion between CIT and TPO cannot be a Ground for Interference: Delhi HC grants relief to MakeMyTrip [Read Order]")
Imposing CVD on Cut Pieces of used Tyres and Tubes are Ultravires to the Customs Tariff Act: Delhi HC [Read Judgment]
Recently in Tinna Rubber & Infrastructure Ltd v. UOI & Anr, the Delhi High Court held that Counter Veiling Duty (CVD) not be levied on cut pieces of used tyres and used tubes since it is...
![Entries in Loose Papers do not have Evidentiary Value: Delhi HC scraps Assessment Order [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Delhi-High-Court-Tax-Scan.jpg "Entries in Loose Papers do not have Evidentiary Value: Delhi HC scraps Assessment Order [Read Judgment]")
Delhi HC upholds Constitutional Validity of Sections 80(5) and 10B (1) of the Income Tax Act [Read Judgment]
While dismissing the Writ Petition filed by M/S Nath Brothers Exim International Ltd, the division bench of Delhi High Court upheld the Constitutional Validity of Section 80 (5) and Section 10B (1) of...
ITAT has No Power to Grant Stay in Penalty Matters: Delhi HC vacates stay of Rs. 525 crore on NDTV
In a major set back to New Delhi Television Ltd (NDTV), the Delhi High Court vacated the stay granted by the Income Tax Appellate Tribunal.While invalidating the stay order freezing demand of Rs. 525...
No TDS for the Payments of Lease Rent / Interest / Other Payments for Acquisition of a Plot on Lease: Delhi HC [Read Judgment]
The division bench of Delhi High Court held that, Tax deduction at Source (TDS) need not to be required for the payments of Lease Rent / Interest / Other payments for Acquisition of a Plot on Lease. ...
![No TDS for the Payments of Lease Rent / Interest / Other Payments for Acquisition of a Plot on Lease: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/02/Lease-Rent-TDS-Taxscan.jpg "No TDS for the Payments of Lease Rent / Interest / Other Payments for Acquisition of a Plot on Lease: Delhi HC [Read Judgment]")
Genuinity of Transaction cannot be suspected if it is supported by Documentary Proof: Delhi HC [Read Order]
Recently, in Pr. Commissioner Of Income Tax – 5 V. Jatin Investment Pvt. Ltd, the division bench of the Delhi High Court observed that a transaction cannot be treated as fraudulent if the assessee has...