{"id":26398,"date":"2022-04-14T18:33:13","date_gmt":"2022-04-14T13:03:13","guid":{"rendered":"https:\/\/itatonline.org\/digest\/jetha-properties-pvt-ltd-v-cit-2022-440-itr-524-209-dtr-201-324-ctr-326-bom-hc\/"},"modified":"2022-08-14T18:34:28","modified_gmt":"2022-08-14T13:04:28","slug":"jetha-properties-pvt-ltd-v-cit-2022-440-itr-524-209-dtr-201-324-ctr-326-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/jetha-properties-pvt-ltd-v-cit-2022-440-itr-524-209-dtr-201-324-ctr-326-bom-hc\/","title":{"rendered":"Jetha Properties Pvt. Ltd. v. CIT (2022) 440 ITR 524 \/ 209 DTR 201\/ 324 CTR 326 \/ 286 Taxman 504 (Bom) ( HC)"},"content":{"rendered":"<p>Where the assessee had incurred expenditure to conduct its business more efficiently and to increase its profits, while no new asset was brought into existence, it would be a revenue expenditure. \u00a0(AY. 1991 -92 )<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure \u2013Capital or revenue \u2013 Ware house business &#8211; Expenditure for raising floor height of Godown &#8211;  Expenditure incurred to run the business profitably is 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-26398","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6RM","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/26398","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=26398"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/26398\/revisions"}],"predecessor-version":[{"id":29077,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/26398\/revisions\/29077"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=26398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=26398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=26398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}