{"id":43210,"date":"2024-06-07T19:21:59","date_gmt":"2024-06-07T13:51:59","guid":{"rendered":"https:\/\/itatonline.org\/digest\/ito-v-m-d-house-build-2023-199-itd-153-surat-trib\/"},"modified":"2024-06-07T19:21:59","modified_gmt":"2024-06-07T13:51:59","slug":"ito-v-m-d-house-build-2023-199-itd-153-surat-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/ito-v-m-d-house-build-2023-199-itd-153-surat-trib\/","title":{"rendered":"ITO v. M.D. House Build. (2023) 199 ITD 153 (Surat) (Trib.)"},"content":{"rendered":"<p>Held that loan processing charges borne by assessee-firm, engaged in business of construction of residential units\/flats, on behalf of buyers so as to attract buyers for booking flats of assessee being in course of its business is allowable as revenue expenditure.\u00a0 (AY. 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Builder-Loan processing charges on behalf of buyers-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-43210","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-beW","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43210","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=43210"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43210\/revisions"}],"predecessor-version":[{"id":43211,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43210\/revisions\/43211"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=43210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=43210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=43210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}