TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Tribunal allows film celebration expenses deduction, citing industry norms and precedent.</h1> <h3>COMMISSIONER OF INCOME TAX. Versus TRIMURTHI FILMS (P) LTD.</h3> The Tribunal rejected the CIT's application regarding the deductibility of expenses paid to Taj Mahal Hotel for a film celebration, affirming that the ... - The CIT, Bombay City III, filed an application u/s 256(1) of the IT Act, 1961 to refer a question of law regarding the deductibility of Rs. 51,000 paid to Taj Mahal Hotel for a film celebration. The Tribunal held that the expenditure was allowable based on established customs in the film business and previous decisions. The application was rejected as no question of law arose. The decision was in line with the Bombay High Court ruling.
TaxTMI 
TaxTMI 
