Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Fees Paid by Law Firm to use Name & Goodwill of Founder is Business Expense, Deductible u/s 37 of Income Tax Act: Delhi HC rules in Favour of Remfry & Sagar
Corporate ComplianceIncome Tax
The Delhi High Court ruled that fees paid to a law firm under its name, including goodwill, are deductible as business expenses under the Income Tax Act. The court emphasized that such payments are legitimate business expenses and should be treated accordingly.
