{"id":39926,"date":"2024-03-16T12:47:58","date_gmt":"2024-03-16T07:17:58","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-bannari-amman-sugars-ltd-2023457-itr-246-2022-145-taxmann-com-276-madhc\/"},"modified":"2024-03-16T12:47:58","modified_gmt":"2024-03-16T07:17:58","slug":"cit-v-bannari-amman-sugars-ltd-2023457-itr-246-2022-145-taxmann-com-276-madhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-bannari-amman-sugars-ltd-2023457-itr-246-2022-145-taxmann-com-276-madhc\/","title":{"rendered":"CIT v. Bannari Amman Sugars Ltd (2023)457 ITR 246\/(2022) 145 taxmann.com 276 (Mad)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the Revenue the Court held that\u00a0 the Tribunal was right in holding that the expenses in connection with construction and handing over of transmission lines sub-station to the State Government were to be treated as revenue expenditure. Followed, Empire Jute Co Ltd v. CIT (1980) 124 ITR 1 (SC)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Capital or  revenue-Construction and handing over of transmission lines sub-station-Revenue expenditure.  <\/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-39926","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-anY","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39926","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=39926"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39926\/revisions"}],"predecessor-version":[{"id":39927,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39926\/revisions\/39927"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=39926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=39926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=39926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}