{"id":1947,"date":"2018-08-07T10:01:31","date_gmt":"2018-08-07T10:01:31","guid":{"rendered":"http:\/\/itatonline.org\/digest\/manipal-health-systems-p-ltd-v-acit-2018-65-itr-51-sn-bang-trib\/"},"modified":"2018-08-07T10:01:31","modified_gmt":"2018-08-07T10:01:31","slug":"manipal-health-systems-p-ltd-v-acit-2018-65-itr-51-sn-bang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/manipal-health-systems-p-ltd-v-acit-2018-65-itr-51-sn-bang-trib\/","title":{"rendered":"Manipal Health Systems P. Ltd.  v. ACIT (2018) 65 ITR 51( SN))  (Bang) (Trib)"},"content":{"rendered":"<p>Tribunal held that , when project is abandoned without acquiring any new asset for enduring benefit. Expenses is\u00a0 allowable as revenue expenditure.\u00a0\u00a0 (AY.2009 10 to 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.37(1): Business expenditure \u2014 Capital or revenue  -Collaboration agreement for expansion of existing business \u2014 Project abandoned without acquiring any new asset for enduring benefit \u2014Expenses 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":[1],"tags":[],"class_list":["post-1947","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-vp","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1947","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=1947"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1947\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=1947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=1947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=1947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}