{"id":26223,"date":"2022-04-06T17:21:51","date_gmt":"2022-04-06T11:51:51","guid":{"rendered":"https:\/\/itatonline.org\/digest\/zeenath-transport-company-v-acit-2021-92-itr-460-bang-trib\/"},"modified":"2022-04-06T17:21:51","modified_gmt":"2022-04-06T11:51:51","slug":"zeenath-transport-company-v-acit-2021-92-itr-460-bang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/zeenath-transport-company-v-acit-2021-92-itr-460-bang-trib\/","title":{"rendered":"Zeenath Transport Company v. ACIT (2021) 92 ITR 460 (Bang.) (Trib.)"},"content":{"rendered":"<p>Held that expenditure incurred on guarantee payments for resuming mining activity, expenditure on discharging social responsibility, contributions to flood relief work, legal fees to Federation of\u00a0 Mining Industries\u00a0 are allowable as revenue expenditure.\u00a0 (AY. 2012-13 to 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Mining business-Stopped by order of Supreme Court-Guarantee payments for resuming mining activity-Expenditure on discharging social responsibility-Contributions to flood relief work-Legal fees to Federation of  Mining Industries-Allowable as 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-26223","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6OX","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/26223","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=26223"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/26223\/revisions"}],"predecessor-version":[{"id":26224,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/26223\/revisions\/26224"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=26223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=26223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=26223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}