{"id":21862,"date":"2021-09-25T13:44:59","date_gmt":"2021-09-25T08:14:59","guid":{"rendered":"https:\/\/itatonline.org\/digest\/mrf-ltd-v-dy-cit-2021-280-taxman-439-mad-hc\/"},"modified":"2021-09-25T13:44:59","modified_gmt":"2021-09-25T08:14:59","slug":"mrf-ltd-v-dy-cit-2021-280-taxman-439-mad-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/mrf-ltd-v-dy-cit-2021-280-taxman-439-mad-hc\/","title":{"rendered":"MRF Ltd. v. Dy. CIT (2021) 280 Taxman 439 (Mad.)(HC)"},"content":{"rendered":"<p>Held that expenditure towards establishing a Pace Foundation for training to pace bowlers is held to be allowable as revenue expenditure.\u00a0 (AY. 2006-07, 2007-08)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Manufacturer of sports products-Advertisement-Training to pace bowlers-Allowable as business 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-21862","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5GC","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/21862","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=21862"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/21862\/revisions"}],"predecessor-version":[{"id":21863,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/21862\/revisions\/21863"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=21862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=21862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=21862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}