{"id":15625,"date":"2021-03-11T15:08:12","date_gmt":"2021-03-11T09:38:12","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-sociedade-de-fomento-industrial-pvt-ltd-no-2-2020-429-itr-358-2021-277-taxman-6-bom-hc-2\/"},"modified":"2022-04-23T18:20:21","modified_gmt":"2022-04-23T12:50:21","slug":"cit-v-sociedade-de-fomento-industrial-pvt-ltd-no-2-2020-429-itr-358-2021-277-taxman-6-bom-hc-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-sociedade-de-fomento-industrial-pvt-ltd-no-2-2020-429-itr-358-2021-277-taxman-6-bom-hc-2\/","title":{"rendered":"CIT v. Sociedade De Fomento Industrial Pvt. Ltd. (No. 2) (2020) 429 ITR 358 \/ (2021) 277 Taxman 6 \/ 207 DTR 381\/ ( 2022) 324 CTR 524  (Bom.)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that \u00a0contribution towards reconstruction of\u00a0 Bridge to enable transportation of\u00a0 assessee\u2019s products to port is allowable as revenue expenditure. (AY. 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Capital or  revenue-Contribution towards reconstruction of  Bridge to enable transportation of  assessee\u2019s products to port-Allowable 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":[21],"tags":[],"class_list":["post-15625","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-441","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15625","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=15625"}],"version-history":[{"count":4,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15625\/revisions"}],"predecessor-version":[{"id":26627,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15625\/revisions\/26627"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=15625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=15625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=15625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}