![Project Development Expenditure is Revenue in Nature, Allowable u/s 37(1): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Expenditure-Reliance-Digital-Taxscan.jpg "Project Development Expenditure is Revenue in Nature, Allowable u/s 37(1): ITAT [Read Order]")
Project Development Expenditure is Revenue in Nature, Allowable u/s 37(1): ITAT [Read Order]
In ACIT vs. M/s. Reliance Digital Retail Ltd., the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held that the Project Development...
![Remuneration paid to HUF Members for the services rendered in the business is allowable under section 37(1): ITAT Quashes Re-Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Remuneration-Taxscan.jpg "Remuneration paid to HUF Members for the services rendered in the business is allowable under section 37(1): ITAT Quashes Re-Assessment [Read Order]")
![Expenditure incurred for Club Membership Fees is Allowable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Expenditure-Club-Membership-Fees-Deloitte-Taxscan.jpg "Expenditure incurred for Club Membership Fees is Allowable: ITAT [Read Order]")
![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]")
![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]
In M/s. Kapil Chits (Kakatiya) Private Limited v. ACIT, a division bench of the Hyderabad ITAT held that expenditure in respect of payment of non-competent fee paid by a subsidiary company to its...
![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]")