{"id":43534,"date":"2024-06-14T11:48:46","date_gmt":"2024-06-14T06:18:46","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-reliance-jio-infocomm-ltd-2023-200-itd-156-mum-trib\/"},"modified":"2024-06-14T11:48:46","modified_gmt":"2024-06-14T06:18:46","slug":"acit-v-reliance-jio-infocomm-ltd-2023-200-itd-156-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-reliance-jio-infocomm-ltd-2023-200-itd-156-mum-trib\/","title":{"rendered":"ACIT v. Reliance Jio Infocomm Ltd. (2023) 200 ITD 156 (Mum) (Trib.)"},"content":{"rendered":"<p>Dismissing the appeal of the Revenue the Tribunal held that though\u00a0 the assessee had treated expenses in account books as capital expenditure following Accounting Standard but expenses had been incurred in relation to services provided to existing customers and, therefore, same being incurred wholly and exclusively for purpose of business deserved to be allowed as revenue expenditure.\u00a0 (AY. 2018-19)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.37(1): Business expenditure-Interconnect charges, employee cost, professional fees, call centre expenses-Allowable as 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-43534","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bka","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43534","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=43534"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43534\/revisions"}],"predecessor-version":[{"id":43535,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43534\/revisions\/43535"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=43534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=43534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=43534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}