{"id":272,"date":"2018-04-29T12:34:49","date_gmt":"2018-04-29T12:34:49","guid":{"rendered":"http:\/\/itatonline.org\/digest\/g-chella-krishna-v-2018-168-itd-117-chennai-trib\/"},"modified":"2018-04-29T12:34:49","modified_gmt":"2018-04-29T12:34:49","slug":"g-chella-krishna-v-2018-168-itd-117-chennai-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/g-chella-krishna-v-2018-168-itd-117-chennai-trib\/","title":{"rendered":"G. Chella Krishna  v. (2018) 168 ITD 117  (Chennai)  (Trib.)"},"content":{"rendered":"<p>Allowing the appeal of the assesse , the Tribunal held that; when income  is assessed as from profits of business, then expenses incurred by assessee for purpose of earning such income  is  allowable. On facts since the assesse has agreed to  disallowance of 25% of expenses before the AO , balance 75% was allowed.( AY. 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1): Business expenditure \u2013 When income  is assessed as from profits of business, then expenses incurred by assessee for purpose of earning such income  is  allowable.<\/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-272","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4o","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/272","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=272"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/272\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}