{"id":63592,"date":"2026-08-03T23:00:55","date_gmt":"2026-08-03T17:30:55","guid":{"rendered":"https:\/\/itatonline.org\/digest\/hindustan-coca-cola-beverages-p-ltd-v-add-cit-2025-122-itr-290-delhitrib-2\/"},"modified":"2026-08-03T23:00:55","modified_gmt":"2026-08-03T17:30:55","slug":"hindustan-coca-cola-beverages-p-ltd-v-add-cit-2025-122-itr-290-delhitrib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/hindustan-coca-cola-beverages-p-ltd-v-add-cit-2025-122-itr-290-delhitrib-2\/","title":{"rendered":"Hindustan Coca Cola Beverages (P.) Ltd. v. Add. CIT (2025) 122 ITR 290 (Delhi)(Trib.)"},"content":{"rendered":"<p>Penalty paid under the State VAT law on account of seizure of a truck carrying goods with an incorrect waybill was claimed as business expenditure. The Tribunal held that expenditure incurred for infringement of law is hit by Explanation 1 to section 37(1) and is not deductible. However, liberty was granted to the assessee to seek rectification if the penalty was subsequently held to be compensatory in nature. (AY. 2015-16).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1): Business expenditure-Penalty for violation of law-Seizure of truck with wrong waybill-Not allowable.[Expln. 1 to S. 37(1), GST, VAT]<\/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-63592","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gxG","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/63592","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=63592"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/63592\/revisions"}],"predecessor-version":[{"id":63593,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/63592\/revisions\/63593"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=63592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=63592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=63592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}