https://www.taxtmi.com/caselaws?id=274131 The Delhi High Court dismissed the appeal due to a delay of 678 days in re-filing the appeal, attributing the delay to well-known practice directions for e-filing appeals. The Court found the reasons for excluding certain companies as comparables justified, supported the Assessee on the depreciation rate issue, and upheld the treatment of club charges as revenue expenditure. The Court's decision was based on both the significant delay and the merits of the case, leading to the dismissal of the appeal. en-us Mon, 14 Dec 2015 00:00:00 +0530 Tue, 31 Jul 2018 07:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274131 The Delhi High Court dismissed the appeal due to a delay of 678 days in re-filing the appeal, attributing the delay to well-known practice directions for e-filing appeals. The Court found the reasons for excluding certain companies as comparables justified, supported the Assessee on the depreciation rate issue, and upheld the treatment of club charges as revenue expenditure. The Court's decision was based on both the significant delay and the merits of the case, leading to the dismissal of the appeal. Case-Laws Income Tax Mon, 14 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274131