{"id":25570,"date":"2022-03-17T13:06:24","date_gmt":"2022-03-17T07:36:24","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-investment-trust-of-india-ltd-2021-88-itr-566-chennai-trib-dy-cit-v-hfcl-infotel-ltd-2021-88-itr-566-chennaitrib-2\/"},"modified":"2022-06-07T20:40:02","modified_gmt":"2022-06-07T15:10:02","slug":"acit-v-investment-trust-of-india-ltd-2021-88-itr-566-chennai-trib-dy-cit-v-hfcl-infotel-ltd-2021-88-itr-566-chennaitrib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-investment-trust-of-india-ltd-2021-88-itr-566-chennai-trib-dy-cit-v-hfcl-infotel-ltd-2021-88-itr-566-chennaitrib-2\/","title":{"rendered":"ACIT v. Investment Trust of India Ltd. (2021) 88 ITR 566 \/ 211 TTJ 777\/ 203 DTR 289 (Chennai) (Trib.) Dy. CIT v. HFCL Infotel Ltd. (2021) 88 ITR 566 \/ 211 TTJ 777\/ 203 DTR 289 (Chennai)(Trib.)"},"content":{"rendered":"<p>Held that premium payable on redemption of debentures to be spread over period of debenture.\u00a0 Amount pertaining to assessment year in question deductible even though paid on redemption. <em>(<\/em>AY.2003-04 to 2005-06, 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Premium payable on redemption of debentures-Spread over period of  debenture. <\/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-25570","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6Eq","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25570","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=25570"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25570\/revisions"}],"predecessor-version":[{"id":27297,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25570\/revisions\/27297"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=25570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=25570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=25570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}