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ITAT Allows Deductions for Expenditure on Renovation, Refurbishment & Repairs

Case Law Details

Case Name
Asian Hotels Ltd Vs CIT (Delhi High Court)
Date of Judgement/Order
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Advertisement Asian Hotels Ltd Vs CIT (Delhi High Court) Introduction: The Delhi High Court has recently addressed a crucial matter in the case of Asian Hotels Ltd vs. CIT, focusing on Assessment Year (AY) 1993-94. The appeal seeks to challenge the order passed by the Income Tax Appellate Tribunal (ITAT) concerning AYs 1991-92 to 1994-95. Background: The appellant, Asian Hotels Ltd, contested the disallowance of expenses related to “renovation and refurbishment” and professional fees paid to Gherzi Eastern Ltd (GEL) for interior décor consultancy. Key Questions of Law: Whether...
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