{"id":51378,"date":"2025-02-24T17:04:48","date_gmt":"2025-02-24T11:34:48","guid":{"rendered":"https:\/\/itatonline.org\/digest\/ipca-laboratories-ltd-v-dy-cit-2024113-itr-53-230-ttj-409-mumtrib-2\/"},"modified":"2025-04-27T10:58:55","modified_gmt":"2025-04-27T05:28:55","slug":"ipca-laboratories-ltd-v-dy-cit-2024113-itr-53-230-ttj-409-mumtrib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/ipca-laboratories-ltd-v-dy-cit-2024113-itr-53-230-ttj-409-mumtrib-2\/","title":{"rendered":"IPCA Laboratories Ltd. v. Dy. CIT (2024)113 ITR 53\/230 TTJ 409 \/161 taxmann.com 511(Mum)(Trib)"},"content":{"rendered":"<p>Held that disallowance of\u00a0 sales promotion expenses, freebies\u00a0 Enhancement of profits of eligible business is directed to recompute eligible profits and allow deduction. Profit derived from sale of scrap is eligible for deduction. Referred Central Board Of Direct Taxes Circular No. 37 Of 2016, Dated 2-11-2016.\u00a0 (AY.2009-10 to 2012-13, 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80IC : Special category  States-Eligible profits-Disallowance of  sales promotion expenses-Freebies-Enhancement of profits of eligible business-Directed to recompute eligible profits and allow deduction-Profit derived from sale of scrap-Eligible for deduction-Central Board Of Direct Taxes Circular No. 37 Of 2016, Dated 2-11-2016.] <\/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-51378","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-dmG","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51378","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=51378"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51378\/revisions"}],"predecessor-version":[{"id":53544,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51378\/revisions\/53544"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=51378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=51378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=51378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}