{"id":60462,"date":"2026-06-05T19:05:15","date_gmt":"2026-06-05T13:35:15","guid":{"rendered":"https:\/\/itatonline.org\/digest\/sharp-business-system-v-cit-2026-484-itr-496-delhi-hc-editorial-reversed-in-sharp-business-system-through-finance-director-mr-yoshihisa-mizuno-v-cit-2026-484-itr-509-308-taxman-285\/"},"modified":"2026-06-05T19:05:15","modified_gmt":"2026-06-05T13:35:15","slug":"sharp-business-system-v-cit-2026-484-itr-496-delhi-hc-editorial-reversed-in-sharp-business-system-through-finance-director-mr-yoshihisa-mizuno-v-cit-2026-484-itr-509-308-taxman-285","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/sharp-business-system-v-cit-2026-484-itr-496-delhi-hc-editorial-reversed-in-sharp-business-system-through-finance-director-mr-yoshihisa-mizuno-v-cit-2026-484-itr-509-308-taxman-285\/","title":{"rendered":"Sharp Business System v. CIT (2026) 484 ITR 496 (Delhi) (HC) Editorial : Reversed in Sharp Business System (Through Finance Director Mr. Yoshihisa Mizuno) v. CIT (2026) 484 ITR 509 \/\/ 308 Taxman 285 (SC)"},"content":{"rendered":"<p>Held that Compete fees paid to keep the erstwhile partner from doing competing business for seven years. Arrangement to endure for a substantial period, i.e., seven years certain position in the market by keeping the erstwhile partner out. Payment was\u00a0 capital expenditure.\u00a0 (AY.2001-02)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.37(1) : Business expenditure-Capital or revenue-Compete fees paid to keep erstwhile partner from doing competing business for seven years. Arrangement to endure for a substantial period, i.e., seven years certain position in the market by keeping the erstwhile partner out-Payment was  Capital 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_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":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-60462","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-fJc","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/60462","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=60462"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/60462\/revisions"}],"predecessor-version":[{"id":60463,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/60462\/revisions\/60463"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=60462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=60462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=60462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}