{"id":51934,"date":"2025-03-18T11:22:05","date_gmt":"2025-03-18T05:52:05","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-first-advantage-p-ltd-2024114-itr-45-sn-mumtrib\/"},"modified":"2025-03-18T11:22:05","modified_gmt":"2025-03-18T05:52:05","slug":"acit-v-first-advantage-p-ltd-2024114-itr-45-sn-mumtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-first-advantage-p-ltd-2024114-itr-45-sn-mumtrib\/","title":{"rendered":"ACIT v. First Advantage P. Ltd. (2024)114 ITR 45 (SN) (Mum)(Trib)"},"content":{"rendered":"<p>Held that Software licence expenditure is allowable as\u00a0 revenue\u00a0 expenditure. Order of CIT(A) is affirmed. \u00a0(AY.2017-18)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Software licence expenditure-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-51934","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-dvE","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51934","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=51934"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51934\/revisions"}],"predecessor-version":[{"id":51935,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51934\/revisions\/51935"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=51934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=51934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=51934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}