Dismissing the appeal of the revenue the expenditure on deputation, other cost Hotel management and marketing fees being reasonable and necessary to run business, allowable as business expenditure. (AY. 2004 -05, 2005-06)
PCIT v. Tulip Hospitality Service Ltd. (2019) 261 Taxman 16 /( 2019) 411 ITR 595 (Bom.) (HC)
S. 37(1) : Business expenditure-Deputation and other cost-Hotel management and marketing fees-Reasonable and necessary to run business- Held to be allowable.