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![No Tax Deduction for Replacement of Machineries: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/07/SCN-Madras-High-Court-Taxscan.jpg "No Tax Deduction for Replacement of Machineries: Madras HC [Read Judgment]")
No Tax Deduction for Replacement of Machineries: Madras HC [Read Judgment]
The Madras High Court has held that the replacement of the machineries as a whole cannot be held to be current repairs or allowable revenue...
![Jackie Shroff eligible to Tax Deduction as Writing Off of Loan to Wife is Business Loss: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/01/js2.jpg "Jackie Shroff eligible to Tax Deduction as Writing Off of Loan to Wife is Business Loss: 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]")
![Compensation Paid by Jaipur Development Authority on account of Land Acquisition is Immune from Tax Deduction: Rajasthan HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/06/Compensation-Taxscan.jpg "Compensation Paid by Jaipur Development Authority on account of Land Acquisition is Immune from Tax Deduction: Rajasthan HC [Read Judgment]")
![CBDT releases Revised Form 10DA for Tax Deduction of Wages of New Workmen [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/08/CBDT-Taxscan-2.jpg "CBDT releases Revised Form 10DA for Tax Deduction of Wages of New Workmen [Read Notification]")
SRK gets Tax Deduction for Securing KKR Sponsorship for Star India: ITAT Mumbai allows Appeal [Read Order]
In a recent ruling, the Income Tax Appellate Tribunal (ITAT) Mumbai allowed tax deduction of 10 crores to the famous actor Shah Rukh Khan for securing KKR sponsorship for Star India Pvt Ltd. The...
![SRK gets Tax Deduction for Securing KKR Sponsorship for Star India: ITAT Mumbai allows Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Shahrukh-Khan-KKR-Taxscan.jpg "SRK gets Tax Deduction for Securing KKR Sponsorship for Star India: ITAT Mumbai allows Appeal [Read Order]")
