{"id":10078,"date":"2020-02-24T02:05:52","date_gmt":"2020-02-24T02:05:52","guid":{"rendered":"http:\/\/itatonline.org\/digest\/bata-india-ltd-v-dcit-2020-180-itd-464-kol-trib-3\/"},"modified":"2020-02-24T02:05:52","modified_gmt":"2020-02-24T02:05:52","slug":"bata-india-ltd-v-dcit-2020-180-itd-464-kol-trib-3","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/bata-india-ltd-v-dcit-2020-180-itd-464-kol-trib-3\/","title":{"rendered":"Bata India Ltd. v. DCIT (2020) 180 ITD 464 (Kol) (Trib.)"},"content":{"rendered":"<p>Assessee paid royalty to certain concerns for availing technical know-how and technical expertise and use of brand so owned by provider. It claimed expenditure as revenue expenditure.AO treated the said expenditure as capital expenditure . Tribunal held that,\u00a0 royalty paid for availing technical know-how and technical expertise and use of brand so owned by provider was allowed as revenue expenditure. \u00a0(AY. 2008 -09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.37(1): Business expenditure -Capital or revenue- Royalty paid for availing technical know-how and technical expertise and use of brand so owned by provider was allowed as revenue expenditure.<\/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-10078","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2Cy","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10078","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=10078"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10078\/revisions"}],"predecessor-version":[{"id":10079,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10078\/revisions\/10079"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=10078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=10078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=10078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}