{"id":6009,"date":"2019-06-28T13:12:38","date_gmt":"2019-06-28T13:12:38","guid":{"rendered":"http:\/\/itatonline.org\/digest\/nandkishor-motilal-shah-v-cit-2019-263-taxman-36-bom-hc\/"},"modified":"2021-05-05T16:10:12","modified_gmt":"2021-05-05T10:40:12","slug":"nandkishor-motilal-shah-v-cit-2019-263-taxman-36-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/nandkishor-motilal-shah-v-cit-2019-263-taxman-36-bom-hc\/","title":{"rendered":"Nandkishor Motilal Shah. v. CIT  (2019) 415 ITR 429\/  263 Taxman 36\/ 179 DTR 170\/ (2020) 314 CTR 663 (Bom.)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the assessee&nbsp; the Court held that the&nbsp; Amount &nbsp;forfeited by seller upon failure to pay full instalments within stipulated time period&nbsp; in respect of a windmill plant for power generation would be capital expenditure. (AY. 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure\u2013Capital or revenue-Amount  forfeited by seller upon failure to pay full instalments within stipulated time period would be capital expenditure.[S. 28(i)]<\/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-6009","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1yV","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6009","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=6009"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6009\/revisions"}],"predecessor-version":[{"id":17624,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6009\/revisions\/17624"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=6009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=6009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=6009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}