{"id":55317,"date":"2025-07-15T10:46:10","date_gmt":"2025-07-15T05:16:10","guid":{"rendered":"https:\/\/itatonline.org\/digest\/aalap-digital-music-p-ltd-v-acit-2025-211-itd-284-delhi-trib\/"},"modified":"2025-07-15T10:46:10","modified_gmt":"2025-07-15T05:16:10","slug":"aalap-digital-music-p-ltd-v-acit-2025-211-itd-284-delhi-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/aalap-digital-music-p-ltd-v-acit-2025-211-itd-284-delhi-trib\/","title":{"rendered":"Aalap Digital Music (P.) Ltd. v. ACIT (2025) 211 ITD 284 (Delhi) (Trib.)"},"content":{"rendered":"<p>On appeal the Tribunal\u00a0 remanded the matter\u00a0 back to Assessing Officer with to direction that the Assessing Officer should re-assess expenses, treating license fees as a deferred revenue expenditure to be amortized over six-year period and not as prior period expenses. (AY. 2016-17)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.37(1): Business expenditure-License fee-Commercial exploitation of music albums-Deferred revenue expenditure to be amortized over six-year period and not as prior period expenses-Matter remanded. <\/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-55317","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-eod","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/55317","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=55317"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/55317\/revisions"}],"predecessor-version":[{"id":55318,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/55317\/revisions\/55318"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=55317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=55317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=55317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}