![Replacement of Old Tube Light with LED lights is Revenue Expenditure in Hotel Business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Replacement-of-Old-Tube-Light-Tube-Light-LED-lights-Revenue-Expenditure-in-Hotel-Business-Revenue-Expenditure-Hotel-Business-ITAT-taxscan.jpg "Replacement of Old Tube Light with LED lights is Revenue Expenditure in Hotel Business: ITAT [Read Order]")
Replacement of Old Tube Light with LED lights is Revenue Expenditure in Hotel Business: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently in an appeal filed before it, held that replacement of old tube light with LED...
![Relief to Maruti Suzuki: ITAT directs to consider Amount of Royalty as a Revenue Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Maruti-Suzuki-ITAT-Royalty-Revenue-Expenditure-TAXSCAN.jpg "Relief to Maruti Suzuki: ITAT directs to consider Amount of Royalty as a Revenue Expenditure [Read Order]")
![Replacement Expenditure cannot be treated as “Current Repairs”: ITAT denies Revenue Expenditure Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Replacement-Current-Repairs-ITAT-Revenue-Expenditure-Claim-TAXSCAN.jpg "Replacement Expenditure cannot be treated as “Current Repairs”: ITAT denies Revenue Expenditure Claim [Read Order]")
![Premium Expenses on FCCB is Revenue Expenditure, Deductible: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Premium-Expenses-Premium-FCCB-Revenue-Expenditure-Deductible-ITAT-Income-Tax-Tax-taxscan.jpg "Premium Expenses on FCCB is Revenue Expenditure, Deductible: ITAT [Read Order]")
![Advertisement Expenses incurred at the Time of Installation of Additional Machinery will result in an enduring benefit, allowable as Revenue Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Advertisement-Expenses-Advertisement-Expenses-incurred-Additional-Machinery-enduring-benefit-benefit-Revenue-Expenditure-ITAT-Taxscan.jpg "Advertisement Expenses incurred at the Time of Installation of Additional Machinery will result in an enduring benefit, allowable as Revenue Expenditure: ITAT [Read Order]")
Repairs and Maintenance Expenditure in Rented Showroom and Workshop amounts to Revenue Expenditure, can allow Disallowance u/s 30(a )(i): ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal ( ITAT ) has held that repairs and maintenance expenditure in rented showrooms and workshop amounts to revenue expenditure and can allow...
![Repairs and Maintenance Expenditure in Rented Showroom and Workshop amounts to Revenue Expenditure, can allow Disallowance u/s 30(a )(i): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Repairs-and-Maintenance-Rented-Showroom-Workshop-Revenue-Expenditure-Repairs-Maintenance-taxscan.jpg "Repairs and Maintenance Expenditure in Rented Showroom and Workshop amounts to Revenue Expenditure, can allow Disallowance u/s 30(a )(i): ITAT [Read Order]")
Expenditure incurred for Construction of a New Facility and subsequently abandoned at Work-in-progress stage is allowable as Revenue Expenditure: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has held that expenditure incurred for construction of a new facility and subsequently abandoned at work-in-progress stage is allowable...
![Expenditure incurred for Construction of a New Facility and subsequently abandoned at Work-in-progress stage is allowable as Revenue Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Expenditure-Construction-Facility-Revenue-Expenditure-ITAT-Income-Tax-taxscan.jpg "Expenditure incurred for Construction of a New Facility and subsequently abandoned at Work-in-progress stage is allowable as Revenue Expenditure: ITAT [Read Order]")
Expenditure incurred on Foreign Travel by Director of Company to run Business allowable as Revenue Expenditure: ITAT grants Relief to Serum Institute of India [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has granted relief to Serum Institute of India by allowing the expense incurred on foreign travel of the director and his wife of the...
![Expenditure incurred on Foreign Travel by Director of Company to run Business allowable as Revenue Expenditure: ITAT grants Relief to Serum Institute of India [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/foreign-travel-business-revenue-expenditure-ITAT-Serum-Institute-of-India-taxscan.jpg "Expenditure incurred on Foreign Travel by Director of Company to run Business allowable as Revenue Expenditure: ITAT grants Relief to Serum Institute of India [Read Order]")
Payment to Legal and Tax Consultants are Revenue Expenditure: ITAT sets aside Disallowance [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Bench sets aside disallowance as payment to legal and tax consultants are revenue expenditure. The assessee company, M/s. Instel Services Pvt...
![Payment to Legal and Tax Consultants are Revenue Expenditure: ITAT sets aside Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Payment-Legal-Tax-Consultant-Revenue-Expenditure-ITAT-taxscan.jpg "Payment to Legal and Tax Consultants are Revenue Expenditure: ITAT sets aside Disallowance [Read Order]")
Pre-Operative Expenses for Running Business Operations are Revenue Expenditure: ITAT deletes Disallowance of Advertisement Expenses and Brokerage & Commission
Pre-operative expenses incurred for running the business and bringing revenue are revenue expenditures, the Delhi Bench of the Income Tax Appellate Tribunal (ITAT) deleted the disallowance of...
