https://www.taxtmi.com/caselaws?id=342043 The Court held that chargeable expenditure under the Expenditure Tax Act is incurred only upon raising a composite bill at the end of the guest's stay, not on a day-to-day basis. The Tribunal's decision to delete the addition made by the Assessing Officer and interest charged on bills not yet raised was upheld. The Court interpreted "chargeable expenditure" to include only amounts paid by guests and received by the hotel, leading to the dismissal of the Department's appeal in favor of the Assessee. en-us Wed, 12 Apr 2017 00:00:00 +0530 Mon, 24 Apr 2017 07:23:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342043 The Court held that chargeable expenditure under the Expenditure Tax Act is incurred only upon raising a composite bill at the end of the guest's stay, not on a day-to-day basis. The Tribunal's decision to delete the addition made by the Assessing Officer and interest charged on bills not yet raised was upheld. The Court interpreted "chargeable expenditure" to include only amounts paid by guests and received by the hotel, leading to the dismissal of the Department's appeal in favor of the Assessee. Case-Laws Income Tax Wed, 12 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342043