{"id":3668,"date":"2019-01-15T12:33:23","date_gmt":"2019-01-15T12:33:23","guid":{"rendered":"http:\/\/itatonline.org\/digest\/t-a-taylor-p-ltd-v-acit-2018-173-itd-237-66-itr-146-chennai-trib\/"},"modified":"2019-01-15T12:33:23","modified_gmt":"2019-01-15T12:33:23","slug":"t-a-taylor-p-ltd-v-acit-2018-173-itd-237-66-itr-146-chennai-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/t-a-taylor-p-ltd-v-acit-2018-173-itd-237-66-itr-146-chennai-trib\/","title":{"rendered":"T.A. Taylor (P.) Ltd. v. ACIT  (2018) 173 ITD 237\/66 ITR 146   (Chennai) (Trib.)"},"content":{"rendered":"<p>Tribunal held that, Employee benefits, finance costs and administrative and other expenses cannot be disallowed as the said expenditure were\u00a0 necessary to maintain its corporate status. ( AY.2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Company\u2013Corporate status -employee benefits, finance costs and administrative and other expenses cannot be disallowed as the said expenditure were  necessary to maintain its corporate status.<\/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":[1],"tags":[],"class_list":["post-3668","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-Xa","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3668","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=3668"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3668\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}