{"id":15619,"date":"2021-03-11T15:07:10","date_gmt":"2021-03-11T09:37:10","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-gokaldas-images-pvt-ltd-2020-429-itr-526-2021-197-dtr-225-318-ctr-486-276-taxman-420-karn-hc-2\/"},"modified":"2021-03-11T15:07:10","modified_gmt":"2021-03-11T09:37:10","slug":"cit-v-gokaldas-images-pvt-ltd-2020-429-itr-526-2021-197-dtr-225-318-ctr-486-276-taxman-420-karn-hc-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-gokaldas-images-pvt-ltd-2020-429-itr-526-2021-197-dtr-225-318-ctr-486-276-taxman-420-karn-hc-2\/","title":{"rendered":"CIT v. Gokaldas Images Pvt. Ltd. (2020) 429 ITR 526 \/ (2021) 197 DTR 225 \/ 318 CTR 486 \/ 276 Taxman 420 (Karn.)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that legal and professional fees, rates and taxes, insurance, managerial remuneration and miscellaneous expenses related exclusively to non-export oriented units are held to be allowable. Allocation of expenditure between export oriented units and non-export Oriented units is held to be justified. (AY. 2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Legal and professional fees-Non export oriented units-Held to be allowable. \t<\/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-15619","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-43V","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15619","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=15619"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15619\/revisions"}],"predecessor-version":[{"id":15620,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15619\/revisions\/15620"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=15619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=15619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=15619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}