![Income Tax Deduction allowable to Expenses incurred for Acquiring Trade Mark: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/07/Trade-Mark.jpg "Income Tax Deduction allowable to Expenses incurred for Acquiring Trade Mark: Delhi HC [Read Judgment]")
Income Tax Deduction allowable to Expenses incurred for Acquiring Trade Mark: Delhi HC [Read Judgment]
In M/s. Hilton Roulunds Ltd. vs. Commissioner of Income Tax, the Delhi High Court, held that the expenditure incurred by the assessee for acquiring...
![Expenses incurred by Company for Advertising Achievement of its Managing Director is Business Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Business-Expenditure-Taxscan.jpg "Expenses incurred by Company for Advertising Achievement of its Managing Director is Business Expenditure: ITAT [Read Order]")
![Railway Punitive Charges are Eligible for Income Tax Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Tax-Deduction-Taxscan.jpg "Railway Punitive Charges are Eligible for Income Tax Deduction: ITAT [Read Order]")
![Payment of ‘Non-Competent Fee’ is Revenue Expenditure If assessee availed Other Services under the Agreement: ITAT Hyderabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Non-Compete-Fee-Taxscan.jpg "Payment of ‘Non-Competent Fee’ is Revenue Expenditure If assessee availed Other Services under the Agreement: ITAT Hyderabad [Read Order]")
![ITAT Pune allows Expenditure of PF Contribution in respect of Contractual Labours [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/EPF-Organisation-Taxscan.jpg "ITAT Pune allows Expenditure of PF Contribution in respect of Contractual Labours [Read Order]")
Commission paid against Guarantee by Directors is not deductible u/s 37(1) if the payment was not in terms with RBI Guidelines: ITAT Delhi
In Eastman Industries Ltd v. ACIT, the Delhi ITAT held that a Company is not entitled to get deduction under Section 37(1) of the Income tax Act in respect of commission paid to its directors for...
Payment to SRK’s RCEPL by Dharma Productions for the production of ‘Kaal’ Film is allowable as Expenditure: Bombay HC
While giving Tax relief to the Bollwood Director Karan Johar’s Dharma Productions Pvt Ltd, the Bombay High Court held that the payments made by them to Red Chillies Entertainment Pvt Ltd, in...
Ex-Gratia Payments made in connection with VRS due to Closure of Business is Deductible u/s 37(1): ITAT Kolkata [Read Order]
In DCIT v. M/s Linde India Ltd, the ITAT Kolkata bench held that ex-gratia/additional Payments made by a company in connection with VRS due to closure of Business is allowable as Expenditure under...
![Ex-Gratia Payments made in connection with VRS due to Closure of Business is Deductible u/s 37(1): ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Ex-Gratia Payments made in connection with VRS due to Closure of Business is Deductible u/s 37(1): ITAT Kolkata [Read Order]")
Deduction u/s 37(1) cannot be Allowed in respect of Income Tax withheld Abroad: ITAT Ahmedabad [Read Order]
In DCIT v. Elitecore Technologies Private Limited, the Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) held that Deduction under section 37(1) of the Income Tax Act cannot be allowed in...
![Deduction u/s 37(1) cannot be Allowed in respect of Income Tax withheld Abroad: ITAT Ahmedabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Chandigarh-Taxscan.jpg "Deduction u/s 37(1) cannot be Allowed in respect of Income Tax withheld Abroad: ITAT Ahmedabad [Read Order]")
Travel Expenses can be allowed u/s 37(1) even on the basis of Self-made Vouchers: ITAT Kolkata [Read Order]
In a recent decision, the Kolkata bench of the ITAT, while allowing business travel expenses to the assessee under section 37(1) of the Income Tax Act, held that the same can be allowed even on the...
![Travel Expenses can be allowed u/s 37(1) even on the basis of Self-made Vouchers: ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/01/Travelling-Expense-Taxscan.jpg "Travel Expenses can be allowed u/s 37(1) even on the basis of Self-made Vouchers: ITAT Kolkata [Read Order]")
Loss on Sale of Shares of a wholly owned Subsidiary - Made for Commercial Purpose, is Business Loss: ITAT Cochin [Read Order]
In a recent decision, the Cochin bench of the ITAT ruled that the loss incurred on the sale of shares of a wholly-owned subsidiary is allowable as business loss under section 37(1) of the Income Tax...
![Loss on Sale of Shares of a wholly owned Subsidiary - Made for Commercial Purpose, is Business Loss: ITAT Cochin [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Sale-of-Shares-Tax-Scan.jpg "Loss on Sale of Shares of a wholly owned Subsidiary - Made for Commercial Purpose, is Business Loss: ITAT Cochin [Read Order]")
Amenities provided to Doctors by Pharma Companies are Business Expenditure: ITAT Mumbai [Read Order]
In a recent decision, the Mumbai bench of the ITAT ruled that the various amenities provided to doctors by the pharmaceutical companies are allowable as business expenditure under section 37(1) of the...