{"id":10028,"date":"2020-02-22T09:19:49","date_gmt":"2020-02-22T09:19:49","guid":{"rendered":"http:\/\/itatonline.org\/digest\/reliance-fresh-ltd-v-acit-2019-bcaj-november-p-56-bom-hc\/"},"modified":"2020-02-22T09:19:49","modified_gmt":"2020-02-22T09:19:49","slug":"reliance-fresh-ltd-v-acit-2019-bcaj-november-p-56-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/reliance-fresh-ltd-v-acit-2019-bcaj-november-p-56-bom-hc\/","title":{"rendered":"Reliance Fresh Ltd. v. ACIT (2019) BCAJ-November-P 56 (Bom.) (HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the, merely because the assessee has shown capital expenditure in accounts and claimed\u00a0 as revenue in the return, claim\u00a0 of assessee cannot be disallowed. Order of Tribunal is affirmed. Followed CIT v Reliance Footprint Ltd (ITA No 948 of 2014 dt. 5-07-2017.\u00a0\u00a0 (Arising out of ITA No. 1661 \/Mum\/ 2013 dt. 13-07-206) (ITA No. 985 of 2017 dt. 17-11-2019 (AY. 2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure\u2013Capital or revenue\u2013Different treatment in accounts and computation-Allowable as revenue expenditure. [S. 145] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10028","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2BK","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=10028"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10028\/revisions"}],"predecessor-version":[{"id":10029,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10028\/revisions\/10029"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=10028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=10028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=10028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}