{"id":35685,"date":"2023-08-24T16:02:28","date_gmt":"2023-08-24T10:32:28","guid":{"rendered":"https:\/\/itatonline.org\/digest\/ito-v-roj-enerprises-p-ltd-2022-219-ttj-70-uopunetrib\/"},"modified":"2023-08-24T16:02:28","modified_gmt":"2023-08-24T10:32:28","slug":"ito-v-roj-enerprises-p-ltd-2022-219-ttj-70-uopunetrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/ito-v-roj-enerprises-p-ltd-2022-219-ttj-70-uopunetrib\/","title":{"rendered":"ITO v. Roj Enerprises (P) Ltd. (2022) 219 TTJ 70 (UO)(Pune)(Trib)"},"content":{"rendered":"<p>Held that the Assessee has invested certain amount for operationalising the business of a sick company for facilitating its own business, the irrecoverable loss incurred by the assessee on account of failure of the business due to technical snags and uncontrollable factors is a loss in the revenue filed and, therefore, allowable as deduction. (AY. 2004-05)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 28(i) : Business loss-Running of sick company-Business loss allowable as deduction. [S. 37(1)] <\/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-35685","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9hz","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35685","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=35685"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35685\/revisions"}],"predecessor-version":[{"id":35686,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35685\/revisions\/35686"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=35685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=35685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=35685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}