{"id":26227,"date":"2022-04-06T17:22:29","date_gmt":"2022-04-06T11:52:29","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dy-cit-v-sutham-electric-ltd-2021-92-itr-35-sn-punetrib\/"},"modified":"2022-04-06T17:22:29","modified_gmt":"2022-04-06T11:52:29","slug":"dy-cit-v-sutham-electric-ltd-2021-92-itr-35-sn-punetrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-sutham-electric-ltd-2021-92-itr-35-sn-punetrib\/","title":{"rendered":"Dy.CIT v. Sutham Electric Ltd. (2021) 92 ITR 35 (SN) (Pune)(Trib.)"},"content":{"rendered":"<p>Held that as a result of the expenditure designs and tools were created which were used for the purpose of business run by the assessee. It was the settled position of law that any expenditure incurred on the development of tools and designs could not be termed as revenue expenditure. Oder of CIT (A)) was reversed. (AY. 2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Manufacturer Of Automotive Switchgears-Expenditure on development of  designs and tools-Capital 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-26227","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6P1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/26227","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=26227"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/26227\/revisions"}],"predecessor-version":[{"id":26228,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/26227\/revisions\/26228"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=26227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=26227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=26227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}