Case Law Details
Case Name : Lifestyle And Media Holding Limited Vs DCIT (ITAT Delhi)
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;
Strategic Investments Pass Section 2(13) Test- Artificial Person Still Needs Staff: Holding Co’s Expenses Held Allowable
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 Ltd.) Vs. DCIT [...
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