{"id":25434,"date":"2022-03-12T16:35:44","date_gmt":"2022-03-12T11:05:44","guid":{"rendered":"https:\/\/itatonline.org\/digest\/nlc-india-ltd-v-dy-cit-2021-87-itr-121-chennaitrib-2\/"},"modified":"2022-03-12T16:35:44","modified_gmt":"2022-03-12T11:05:44","slug":"nlc-india-ltd-v-dy-cit-2021-87-itr-121-chennaitrib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/nlc-india-ltd-v-dy-cit-2021-87-itr-121-chennaitrib-2\/","title":{"rendered":"NLC India Ltd. v. Dy.CIT (2021) 87 ITR 121 (Chennai)(Trib.)"},"content":{"rendered":"<p>Held, that insurance spare consumption was to be treated as revenue in nature<em>. <\/em>(AY.2013-14, 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Capital or  revenue-Expenses for insurance spare consumption-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-25434","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6Ce","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25434","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=25434"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25434\/revisions"}],"predecessor-version":[{"id":25435,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25434\/revisions\/25435"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=25434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=25434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=25434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}