{"id":259,"date":"2018-04-29T12:17:58","date_gmt":"2018-04-29T12:17:58","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-modern-threads-i-ltd-2018-400-itr-381-raj-hc-cit-v-modern-syntex-2018-400-itr-381-raj-hc-2\/"},"modified":"2018-04-29T12:17:58","modified_gmt":"2018-04-29T12:17:58","slug":"cit-v-modern-threads-i-ltd-2018-400-itr-381-raj-hc-cit-v-modern-syntex-2018-400-itr-381-raj-hc-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-modern-threads-i-ltd-2018-400-itr-381-raj-hc-cit-v-modern-syntex-2018-400-itr-381-raj-hc-2\/","title":{"rendered":"CIT v. Modern Threads (I) Ltd.  (2018) 400 ITR 381 (Raj) (HC)  CIT v. Modern Syntex  (2018) 400 ITR 381 (Raj) (HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that ;  Expenditure on issue of debentures was held to be allowable as revenue expenditure irrespective of nature of debenture.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.37(1): Business expenditure \u2014 Capital or revenue-\u2014 Expenditure on issue of debentures was held to be allowable as revenue expenditure irrespective of nature 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":[1],"tags":[],"class_list":["post-259","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4b","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/259","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=259"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/259\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}