{"id":35759,"date":"2023-08-27T18:08:34","date_gmt":"2023-08-27T12:38:34","guid":{"rendered":"https:\/\/itatonline.org\/digest\/mahindra-two-wheelers-ltd-v-dy-cit-2022-219-ttj-136-218-dtr-210-140-taxmann-com-367-mum-trib-2\/"},"modified":"2023-08-27T18:08:34","modified_gmt":"2023-08-27T12:38:34","slug":"mahindra-two-wheelers-ltd-v-dy-cit-2022-219-ttj-136-218-dtr-210-140-taxmann-com-367-mum-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/mahindra-two-wheelers-ltd-v-dy-cit-2022-219-ttj-136-218-dtr-210-140-taxmann-com-367-mum-trib-2\/","title":{"rendered":"Mahindra Two Wheelers Ltd. v. Dy. CIT (2022) 219 TTJ 136 \/ 218 DTR 210 \/ 140 taxmann.com 367 (Mum) (Trib)"},"content":{"rendered":"<p>It was held that the product development expenses, expenditure towards customer trials, validations, feasibility study and eligible development stage expenses will be eligible for a deduction under S. 35 of the Act, the same being within the ambit of scientific research.\u00a0 I was held that expenses pertaining to assembly line are not capital but revenue in nature since they are pertaining to regular business activities of the assessee\u00a0 (AY. 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 35 : Scientific research expenditure-Product development-Eligible deduction-Expenses pertaining to the assembly line-Revenue expenditure.    [S. 35(1)(iv) 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-35759","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9iL","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35759","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=35759"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35759\/revisions"}],"predecessor-version":[{"id":35760,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35759\/revisions\/35760"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=35759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=35759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=35759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}