{"id":21866,"date":"2021-09-25T13:45:43","date_gmt":"2021-09-25T08:15:43","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-telco-construction-equipment-co-ltd-2021-280-taxman-78-203-dtr-49-karn-hc\/"},"modified":"2022-01-17T10:20:45","modified_gmt":"2022-01-17T04:50:45","slug":"cit-v-telco-construction-equipment-co-ltd-2021-280-taxman-78-203-dtr-49-karn-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-telco-construction-equipment-co-ltd-2021-280-taxman-78-203-dtr-49-karn-hc\/","title":{"rendered":"CIT v. Telco Construction Equipment Co. Ltd. (2021) 280 Taxman 78 \/ 203 DTR 49\/ 322 CTR 458  (Karn.)(HC)"},"content":{"rendered":"<p>Held that expenditure on account of consultancy fees paid for purposes of studying and preparing a strategy to reduce cost of production by assessee is held to be revenue expenditure. (AY. 2007-08)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Consultancy fees-Studying and preparing a strategy to reduce cost of production-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-21866","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5GG","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/21866","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=21866"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/21866\/revisions"}],"predecessor-version":[{"id":24122,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/21866\/revisions\/24122"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=21866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=21866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=21866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}