{"id":13559,"date":"2020-11-01T14:49:17","date_gmt":"2020-11-01T14:49:17","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dy-cit-v-cadence-design-systems-india-p-ltd-2020-81-itr-35-sn-delhi-trib-2\/"},"modified":"2020-11-01T14:49:17","modified_gmt":"2020-11-01T14:49:17","slug":"dy-cit-v-cadence-design-systems-india-p-ltd-2020-81-itr-35-sn-delhi-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-cadence-design-systems-india-p-ltd-2020-81-itr-35-sn-delhi-trib-2\/","title":{"rendered":"Dy. CIT v. Cadence Design Systems (India) P. Ltd. (2020) 81 ITR 35 (SN) ( Delhi ) (Trib)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Tribunal held that\u00a0 expenses for upgradation and\u00a0 renewal of\u00a0 existing software is held to be revenue expenditure. ( AY.2003-04, 2004-05)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.37(1): Business expenditure -Capital or  revenue &#8211; Expenses for upgradation and  renewal of  existing software \u2014 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":[21],"tags":[],"class_list":["post-13559","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3wH","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13559","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=13559"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13559\/revisions"}],"predecessor-version":[{"id":13560,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13559\/revisions\/13560"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=13559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=13559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=13559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}