{"id":61113,"date":"2026-06-25T10:47:14","date_gmt":"2026-06-25T05:17:14","guid":{"rendered":"https:\/\/itatonline.org\/digest\/shapoorji-pallonji-energy-gujarat-p-ltd-v-dcit-2025-214-itd-297-mum-trib-2\/"},"modified":"2026-06-25T10:47:14","modified_gmt":"2026-06-25T05:17:14","slug":"shapoorji-pallonji-energy-gujarat-p-ltd-v-dcit-2025-214-itd-297-mum-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/shapoorji-pallonji-energy-gujarat-p-ltd-v-dcit-2025-214-itd-297-mum-trib-2\/","title":{"rendered":"Shapoorji Pallonji Energy (Gujarat) (P) Ltd. v. DCIT (2025) 214 ITD 297 (Mum) (Trib.)"},"content":{"rendered":"<p><strong>\u00a0<\/strong><\/p>\n<p>Held that assessee-company had entered into a Power Purchase Agreement, acquired several plots of land, obtained permission\/clearance from relevant authorities, acquired equipment and other assets, etc., it could be said that the business of assessee of setting up a Thermal Power Project was already set up. Accordingly, the expenditure incurred for the purpose of business after setting up the business was allowable for deduction. (AY. 2017-18)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.37(1): Business expenditure-Setting up of business-Power Purchase Agreement-Expenditure incurred for the purpose of business after setting up of business was allowable for deduction. <\/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_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-61113","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-fTH","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/61113","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=61113"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/61113\/revisions"}],"predecessor-version":[{"id":61114,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/61113\/revisions\/61114"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=61113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=61113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=61113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}