{"id":35851,"date":"2023-08-27T18:43:35","date_gmt":"2023-08-27T13:13:35","guid":{"rendered":"https:\/\/itatonline.org\/digest\/karnataka-state-beverages-corporation-ltd-v-acit-2022-99-itr-325-bang-trib-2\/"},"modified":"2023-08-27T18:43:35","modified_gmt":"2023-08-27T13:13:35","slug":"karnataka-state-beverages-corporation-ltd-v-acit-2022-99-itr-325-bang-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/karnataka-state-beverages-corporation-ltd-v-acit-2022-99-itr-325-bang-trib-2\/","title":{"rendered":"Karnataka State Beverages Corporation Ltd. v. ACIT (2022) 99 ITR 325 (Bang) (Trib)"},"content":{"rendered":"<p>Held that\u00a0\u00a0 deduction should be allowed although liability may have to be quantified and discharged at\u00a0 future date.\u00a0 Matter remanded to apply principle \u00a0\u00a0laid down in \u00a0Bharat Earth Movers v. CIT (2000)) 245 ITR 428 (SC).(AY. 2009-10, 2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Ex gratia payment-Deduction should be allowed although liability may have to be quantified and discharged at  future date-Matter remanded. [S. 145]  <\/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-35851","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9kf","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35851","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=35851"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35851\/revisions"}],"predecessor-version":[{"id":35852,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35851\/revisions\/35852"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=35851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=35851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=35851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}