{"id":55068,"date":"2025-06-24T16:07:31","date_gmt":"2025-06-24T10:37:31","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dcit-v-icici-bank-ltd-2025210-itd-643-mum-trib-3\/"},"modified":"2025-06-24T16:07:31","modified_gmt":"2025-06-24T10:37:31","slug":"dcit-v-icici-bank-ltd-2025210-itd-643-mum-trib-3","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dcit-v-icici-bank-ltd-2025210-itd-643-mum-trib-3\/","title":{"rendered":"DCIT v. ICICI Bank Ltd. (2025)210 ITD 643 (Mum) (Trib.)"},"content":{"rendered":"<p>Held that club membership fees paid\u00a0 for its executives so that they could establish and maintain business contacts which was in long-term interest of assessee&#8217;s business, same is\u00a0 allowed as business expenditure. (AY.\u00a0 2006-07)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.37(1): Business expenditure-Club membership fees-Allowable as business 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-55068","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-ekc","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/55068","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=55068"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/55068\/revisions"}],"predecessor-version":[{"id":55069,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/55068\/revisions\/55069"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=55068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=55068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=55068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}