Taxcharcha
Income TaxRecent Case Laws

That the salary paid in the year of operation for the period before the commencement of the operation should not be disallowed- ITAT Delhi

M/S ADMACH AUTO LIMITED, ITA NO. 9543/DEL/2019

 

 

[docxpresso file=”https://taxcharcha.com/wp-content/uploads/2019/03/ITAT-Delhi-2.odt” comments=”true” SVG=”true”]

Since, the assessee is providing health care services before the commencement of its super speciality hospital “Medanta”, the salary paid to one of the leading surgeons who is the team leader in all the major work done before the 01.11.2009 is to be allowed and the assessing officer was wrong in disallowing the same as of preoperative expense and treating as a capital expenditure.

To download, ITA 3622, 4587 of Del 2015

Related posts

Analysis of the definition of “Basic Wage” and its exclusions and inclusions by the Supreme Court in its latest judgement – SC

Team Taxcharcha

No capital gain to be computed on the transfer of assets on the ‘book value’ in the case of conversion of company into LLP – ITAT Mumbai

Team Taxcharcha

Merely recording of the conclusion and not the reasoning makes the order of the CIT(A) invalid and the same transfered back to CIT(A) for fresh adjudication. – ITAT Delhi

Team Taxcharcha