{"id":16842,"date":"2021-04-16T12:56:08","date_gmt":"2021-04-16T07:26:08","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dcit-v-ifci-ltd-2020-185-itd-742-delhitrib-3\/"},"modified":"2021-04-16T12:56:08","modified_gmt":"2021-04-16T07:26:08","slug":"dcit-v-ifci-ltd-2020-185-itd-742-delhitrib-3","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dcit-v-ifci-ltd-2020-185-itd-742-delhitrib-3\/","title":{"rendered":"DCIT v. IFCI Ltd. (2020) 185 ITD 742 (Delhi)(Trib.)"},"content":{"rendered":"<p>Tribunal held that expenses incurred by assessee for issue of bonds was to be allowed as revenue expenditure. Expenses incurred by assessee company from its benevolent fund\u00a0 is held to be allowable. (AY. 2003-04)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Capital or revenue-Expenses incurred by assessee for issue of bonds was to be allowed as revenue expenditure-Expenses from benevolent fond-Held to be allowable. <\/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-16842","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4nE","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16842","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=16842"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16842\/revisions"}],"predecessor-version":[{"id":16843,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16842\/revisions\/16843"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=16842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=16842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=16842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}