{"id":22522,"date":"2021-11-14T06:31:37","date_gmt":"2021-11-14T01:01:37","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-karnataka-power-corporation-ltd-no-2-2021-436-itr-292-281-taxman-600-karn-hc\/"},"modified":"2022-08-15T18:41:43","modified_gmt":"2022-08-15T13:11:43","slug":"cit-v-karnataka-power-corporation-ltd-no-2-2021-436-itr-292-281-taxman-600-karn-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-karnataka-power-corporation-ltd-no-2-2021-436-itr-292-281-taxman-600-karn-hc\/","title":{"rendered":"CIT v. Karnataka Power Corporation Ltd (No. 2) (2021) 436 ITR 292\/ 281 Taxman 600 (Karn.) (HC).Editorial: SLP granted to the Revenue ,  CIT v. Karnataka Power Corporation Ltd ( 2022) 286 Taxman 561 ( SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that Commissioner (Appeals) and Tribunal after considering a remand report submitted by AO regarding said expenses and considering audited books of account of assessee allowed said expenses.\u00a0 Order of Tribunal is affirmed .\u00a0 (AY. 2006-07)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.37(1): Business expenditure &#8211; Prior period expenditure \u2013 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-22522","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5Rg","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22522","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=22522"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22522\/revisions"}],"predecessor-version":[{"id":29093,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22522\/revisions\/29093"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=22522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=22522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=22522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}