{"id":23386,"date":"2022-01-06T10:20:52","date_gmt":"2022-01-06T04:50:52","guid":{"rendered":"https:\/\/itatonline.org\/digest\/apollo-tyres-ltd-v-dy-cit-2021-438-itr-526-ker-hc-3\/"},"modified":"2022-02-10T11:39:25","modified_gmt":"2022-02-10T06:09:25","slug":"apollo-tyres-ltd-v-dy-cit-2021-438-itr-526-ker-hc-3","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/apollo-tyres-ltd-v-dy-cit-2021-438-itr-526-ker-hc-3\/","title":{"rendered":"Apollo Tyres Ltd. v. Dy. CIT (2021) 438 ITR 526\/ 283 Taxman 427 (Ker.)(HC)"},"content":{"rendered":"<p>Court held that that\u00a0 the Tribunal was correct in treating the expenditure as capital expenditure on the ground that ownership of the assets was retained by the assessee. (AY. 2003-04)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Capital or revenue-Acquisition of equipment-Used by dealer in showrooms-Not allowable as revenue expenditure. [S. 32]  <\/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-23386","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-65c","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23386","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=23386"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23386\/revisions"}],"predecessor-version":[{"id":24836,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23386\/revisions\/24836"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=23386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=23386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=23386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}