{"id":32923,"date":"2023-02-25T11:40:24","date_gmt":"2023-02-25T06:10:24","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-mysore-minerals-ltd-2023-450-itr-647-karn-hc-editorial-slp-of-revenue-dismissed-pcit-v-mysore-minerals-ltd-2022-449-itr-1st\/"},"modified":"2023-02-25T11:40:24","modified_gmt":"2023-02-25T06:10:24","slug":"pcit-v-mysore-minerals-ltd-2023-450-itr-647-karn-hc-editorial-slp-of-revenue-dismissed-pcit-v-mysore-minerals-ltd-2022-449-itr-1st","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-mysore-minerals-ltd-2023-450-itr-647-karn-hc-editorial-slp-of-revenue-dismissed-pcit-v-mysore-minerals-ltd-2022-449-itr-1st\/","title":{"rendered":"PCIT v. Mysore Minerals Ltd. (2023) 450 ITR 647 (Karn.)(HC) Editorial : SLP of Revenue dismissed, PCIT v. Mysore Minerals Ltd (2022) 449 ITR 1(St)"},"content":{"rendered":"<p>Dismissing the appeal of the Revenue the Court held that\u00a0 Tribunal was justified in treating the donation given for construction of ring road was an allowable expenditure<em>. <\/em>Followed\u00a0 Sri Venkata Satyanarayana Rice Mills Contractors Coo v. CIT (1997) 223 ITR 101 (SC) <em>\u00a0(<\/em>AY-2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Donation given for public welfare of construction of ring road-Allowable 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-32923","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8z1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32923","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=32923"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32923\/revisions"}],"predecessor-version":[{"id":32924,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32923\/revisions\/32924"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=32923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=32923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=32923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}