Enduring Benefit Test

ITAT Deletes Disallowance on OYO’s Assured Margin Payments, Holds Them Revenue Expenditure The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) recently upheld the deletion of a disallowance made in the case of OYO Hotels and Homes Private Limited for AY 2021-22. During scrutiny proceedings, the Assessing Officer treated the assured margin and minimum…