{"id":39705,"date":"2024-03-01T16:47:56","date_gmt":"2024-03-01T11:17:56","guid":{"rendered":"https:\/\/itatonline.org\/digest\/rockman-cycles-industries-ltd-v-cit-appeals-2023456-itr-443-155-taxmann-com-34-phhc-highway-cycles-industries-ltd-v-cit-appeals-2023456-itr-443-155-taxmann-com-34-phhc\/"},"modified":"2024-03-01T16:47:56","modified_gmt":"2024-03-01T11:17:56","slug":"rockman-cycles-industries-ltd-v-cit-appeals-2023456-itr-443-155-taxmann-com-34-phhc-highway-cycles-industries-ltd-v-cit-appeals-2023456-itr-443-155-taxmann-com-34-phhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/rockman-cycles-industries-ltd-v-cit-appeals-2023456-itr-443-155-taxmann-com-34-phhc-highway-cycles-industries-ltd-v-cit-appeals-2023456-itr-443-155-taxmann-com-34-phhc\/","title":{"rendered":"Rockman Cycles Industries Ltd. v. CIT (Appeals) (2023)456 ITR 443\/155 taxmann.com 34 (P&#038;H)(HC) Highway Cycles Industries Ltd. v. CIT (Appeals) (2023)456 ITR 443\/155 taxmann.com 34 (P&#038;H)(HC)"},"content":{"rendered":"<p><em>\u00a0<\/em>Allowing the appeal of the assessee\u00a0 the Court held that the\u00a0\u00a0 agreement for services relating to increased efficiency and\u00a0 foreign travel of\u00a0 wives of\u00a0 directors is allowable as deduction.(AY.1996-97 to 1999-2000)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1)  :  Business expenditure-Commercial expediency-Agreement for services relating to increased efficiency-Foreign travel of  wives of  directors-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-39705","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-akp","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39705","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=39705"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39705\/revisions"}],"predecessor-version":[{"id":39706,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39705\/revisions\/39706"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=39705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=39705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=39705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}