This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Income from convention centre run by a hotel company is eligible to expenditure tax
Case Law Details
- Case Name
- Mfar Hotels Ltd. Vs. ACIT (ITAT Cochin)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All ITAT, ITAT Cochin
For the purpose of Expenditure Tax Act, 1987 the convention center managed by a hotel is an extension of the hotel itself and therefore, rent collection from the convention center shall be eligible for the levy of expenditure tax.
RELEVANT PARAGRAPH
7. The hotel business carried on by the assessee and the convention center carried on by the assessee cannot, be treated as a single business only for the reason that both of them situate in a single compound. But the case of the Revenue is not built up on the above factor. Keeping separate accounts and keeping separate facilities for the conventio...
