{"id":5440,"date":"2019-05-17T09:55:42","date_gmt":"2019-05-17T09:55:42","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-goa-tourism-development-ltd-2019-261-taxman-500-bom-hc-2\/"},"modified":"2019-05-17T09:55:42","modified_gmt":"2019-05-17T09:55:42","slug":"pcit-v-goa-tourism-development-ltd-2019-261-taxman-500-bom-hc-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-goa-tourism-development-ltd-2019-261-taxman-500-bom-hc-2\/","title":{"rendered":"PCIT v. Goa Tourism Development Ltd. (2019) 261 Taxman 500 (Bom.)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that the\u00a0\u00a0 expenditure incurred towards repairs and renovation of its hotel properties such as dismantling Mangalore tiles, laying laterite stones, laying plaster, plaster of paris and painting, waterproofing, replacement of tiles and plumbing was an allowable revenue expenditure. (AY. 2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1)  : Business expenditure\u2013Capital or revenue\u2013Repair and renovation is held to be revenue expenditure. [S. 30]<\/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":[1],"tags":[],"class_list":["post-5440","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1pK","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5440","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=5440"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5440\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}