2 December 2019

Search Results for Tag : expenditure

Notifications & Circulars

CSR expenditure during 2014-2015(03.05.2016)

The Minister of Corporate Affairs released figures on expenditure towards Corporate Social Responsibility activities between 2014 and 2015. A grand to.....

Tags : Corporate social responsibility, expenditure, public good



Delhi High Court Seeks Centre’s Reply on AAP’s Plea Against Recovery of Ad Expenditure(09.05.2017)

Delhi High Court has sought a response from Centre on a plea by Aam Aadmi Party (AAP) seeking quashing of a demand notice for recovery of Rs 97 crore .....

Tags : Delhi High Court, Ad Expenditure, Aam Aadmi Party


ITAT Delhi: Corpus Fund Received for Capital Expenditure Not Taxable If Trust Not Registered(23.05.2017)

Delhi ITAT has held that corpus fund which is meant for specific purpose to meet out capital expenditure could not be part of annual receipts of educa.....

Tags : Delhi ITAT, Capital Expenditure


ITAT Bangalore: Expenditure Incurred on Issuance of Debentures is Revenue Expenditure(01.06.2017)

ITAT Bangalore has directed the AO to allow expenditure incurred in relation to issuance of debentures as it constitute revenue expenditure under the .....

Tags : ITAT Bangalore, Revenue Expenditure


Honorarium Paid to Chairman of Govt Company is Business Expenditure: ITAT(13.07.2018)

Delhi bench of Income Tax Appellate Tribunal in has held that honorarium paid to Chairman of a Government Company is allowable as business expenditure.....

Tags : Income Tax, Business Expenditure


Architect Fees Paid For Construction Of Building Is Capital Expenditure: ITAT(12.09.2018)

Delhi bench of ITAT has held that the architect fees paid by the assessee for the construction of the building which was not used for the purpose of t.....

Tags : ITAT, Architect Fees, Capital Expenditure


ITAT Chennai: Entries in Books of Accounts Does Not Prove Genuineness of Expenditure(12.06.2019)

Income Tax Appellate Tribunal (ITAT), Chennai has held that mere entries in the books of accounts do not prove genuineness of the expenditure. The Tri.....

Tags : ITAT Chennai, Expenditure


ITAT Delhi: Money Spent on Scholarships for Students is Revenue Expenditure(14.08.2019)

Income Tax Appellate Tribunal (ITAT) Delhi has ruled that the sum of money paid by Senior Advocate Harish Salve towards scholarships of students at Ox.....

Tags : ITAT Delhi, Revenue Expenditure