{"id":34228,"date":"2023-04-22T22:30:24","date_gmt":"2023-04-22T17:00:24","guid":{"rendered":"https:\/\/itatonline.org\/digest\/kwality-zippers-p-ltd-v-dcit-2022-197-itd-762-luck-trib-2\/"},"modified":"2023-04-22T22:30:24","modified_gmt":"2023-04-22T17:00:24","slug":"kwality-zippers-p-ltd-v-dcit-2022-197-itd-762-luck-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/kwality-zippers-p-ltd-v-dcit-2022-197-itd-762-luck-trib-2\/","title":{"rendered":"Kwality Zippers (P.) Ltd. v. DCIT (2022) 197 ITD 762 (Luck) (Trib.)"},"content":{"rendered":"<p>Held that\u00a0 amount paid to Life Insurance Corporation of India by a company towards group gratuity scheme was an allowable expenditure under section 37(1) even if fund was not approved by Commissioner.\u00a0 (AY. 2006-07)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Amount paid to Life Insurance Corporation of India by a company-Group gratuity scheme-Not approved by Commissioner-Allowable as deduction.<\/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-34228","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8U4","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34228","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=34228"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34228\/revisions"}],"predecessor-version":[{"id":34229,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34228\/revisions\/34229"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=34228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=34228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=34228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}