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Holding Company Is in Business Even Without Operating Revenue
Case Law Details
- Case Name
- Lifestyle And Media Holding Limited Vs DCIT (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2014-15
- Courts
- All ITAT, ITAT Delhi
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Lifestyle And Media Holding Limited Vs DCIT (ITAT Delhi)
Holding Company Activity Is Business: Delhi ITAT Allows Expenses & Set-off Despite No Operating Revenue
No Revenue, Yet Business Exists- Holding Is Doing Business: ITAT Allows Expenses Even Without Operating Income;
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Set-up Is Enough: ITAT Rejects “No Business Activity” Theory for Holding Companies
Delhi ITAT ‘E’ Bench in Lifestyle and Media Holding Ltd. (formerly NDTV Lifestyle Holdings...
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