{"id":12175,"date":"2020-09-11T03:35:55","date_gmt":"2020-09-11T03:35:55","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-aker-powergas-pvt-ltd-2020423-itr-536-bomhc\/"},"modified":"2020-09-11T03:35:55","modified_gmt":"2020-09-11T03:35:55","slug":"pcit-v-aker-powergas-pvt-ltd-2020423-itr-536-bomhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-aker-powergas-pvt-ltd-2020423-itr-536-bomhc\/","title":{"rendered":"PCIT v. Aker Powergas Pvt. Ltd. (2020)423 ITR 536 (Bom)(HC)"},"content":{"rendered":"<p>Dismissing the \u00a0appeal of the revenue the Court held that\u00a0\u00a0 computer software\u00a0\u00a0 expenses and\u00a0legal expenses incurred in connection with sale of capital assets is held to be revenue\u00a0 expenditure . ( AY.2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.37(1) : Business expenditure \u2014 Capital or revenue Computer software expenses \u2014  Legal expenses incurred in connection with sale of  capital assets \u2013 Held to be 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-12175","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3an","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12175","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=12175"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12175\/revisions"}],"predecessor-version":[{"id":12176,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12175\/revisions\/12176"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=12175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=12175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=12175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}