Corporate Membership Fee Disallowance Overturned; CIT(A) Affirms No Enduring Benefit from Airport Authority Membership Payment.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Disallowance on account of membership fee paid to Airport Authority of India - Corporate membership - such expenditure did not bring into existence any benefit of enduring nature. - CIT(A) rightly allowed the claim.....