Setback to Fortis Hospitals: Delhi HC dismisses appeal against ITAT order disallowing Depreciation on Non-Compete Fee [Read Order]

In a major setback to the Fortis Hospitals, the Delhi High Court dismissed the appeal against Income Tax Appellate Tribunal (ITAT) order disallowing the depreciation on the non-compete fee. The appellant, Fortis Hospitals challenged the Order passed by the ITAT disallowing the depreciation claimed by the appellant on the non-compete fee. Mr.Ajay Vohra, senior counsel […]
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