https://www.taxtmi.com/caselaws?id=444756 The HC quashed the notice dated 29th March 2010 issued under Section 148 of the Income Tax Act, 1961, for the A.Y. 2008-2009, determining that the expenditure towards entrance and subscription fees to a sports club was revenue in nature. The court found it was incurred wholly for business purposes, facilitating business operations without enhancing the profit-earning apparatus. The petition was disposed of with no order as to costs. en-us Fri, 13 Oct 2023 00:00:00 +0530 Fri, 19 Jun 2026 17:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444756 The HC quashed the notice dated 29th March 2010 issued under Section 148 of the Income Tax Act, 1961, for the A.Y. 2008-2009, determining that the expenditure towards entrance and subscription fees to a sports club was revenue in nature. The court found it was incurred wholly for business purposes, facilitating business operations without enhancing the profit-earning apparatus. The petition was disposed of with no order as to costs. Case-Laws Income Tax Fri, 13 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444756