{"id":28703,"date":"2022-07-25T17:08:24","date_gmt":"2022-07-25T11:38:24","guid":{"rendered":"https:\/\/itatonline.org\/digest\/ntpc-sail-power-co-p-ltd-v-dcit-2022-193-itd-473-delhitrib\/"},"modified":"2022-07-25T17:08:24","modified_gmt":"2022-07-25T11:38:24","slug":"ntpc-sail-power-co-p-ltd-v-dcit-2022-193-itd-473-delhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/ntpc-sail-power-co-p-ltd-v-dcit-2022-193-itd-473-delhitrib\/","title":{"rendered":"NTPC-SAIL Power Co. (P.) Ltd. v. DCIT (2022) 193 ITD 473 (Delhi)(Trib.)"},"content":{"rendered":"<p>Held that Explanation 2 to section 37(1) inserted by Finance Act, 2012 with effect from 1-4-2015 is prospective in nature and; accordingly, prior to 1-4-2015, CSR expenses incurred by assessee were to be allowed as revenue in nature. (AY. 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Capital or revenue-Corporate Social Responsibility expense-Explanation 2 to section 37(1) inserted by Finance Act, 2014 with effect from 1-4-2015 is prospective in nature.<\/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-28703","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7sX","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/28703","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=28703"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/28703\/revisions"}],"predecessor-version":[{"id":28704,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/28703\/revisions\/28704"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=28703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=28703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=28703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}