{"id":31132,"date":"2022-12-10T12:54:51","date_gmt":"2022-12-10T07:24:51","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dcit-v-omni-active-health-technologies-ltd-2022-194-itd-783-mum-trib\/"},"modified":"2022-12-10T12:54:51","modified_gmt":"2022-12-10T07:24:51","slug":"dcit-v-omni-active-health-technologies-ltd-2022-194-itd-783-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dcit-v-omni-active-health-technologies-ltd-2022-194-itd-783-mum-trib\/","title":{"rendered":"DCIT v. Omni Active Health Technologies Ltd. (2022) 194 ITD 783 (Mum.)(Trib.)"},"content":{"rendered":"<p>Dismissing the appeal of the Revenue the Tribunal held that\u00a0 the Held that expenses incurred expenditure towards legal fees paid for defending lawsuit filed against it for infringement of patent rights and also paid an amount towards settlement of suit, impugned expenditure incurred by assessee were to be allowed as revenue expenditure. \u00a0(AY. 2010-11, 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Legal fees-Defending lawsuit filed against it for infringement of patent right-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-31132","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-868","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/31132","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=31132"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/31132\/revisions"}],"predecessor-version":[{"id":31133,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/31132\/revisions\/31133"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=31132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=31132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=31132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}