{"id":7490,"date":"2019-09-28T06:50:45","date_gmt":"2019-09-28T06:50:45","guid":{"rendered":"http:\/\/itatonline.org\/digest\/deloitte-touche-tohmatsu-india-p-ltd-v-dcit-2019-71-itr-trib-301-mum-trib\/"},"modified":"2021-06-26T18:04:35","modified_gmt":"2021-06-26T12:34:35","slug":"deloitte-touche-tohmatsu-india-p-ltd-v-dcit-2019-71-itr-trib-301-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/deloitte-touche-tohmatsu-india-p-ltd-v-dcit-2019-71-itr-trib-301-mum-trib\/","title":{"rendered":"Deloitte Touche Tohmatsu India P. Ltd. v. DCIT (2019) 71 ITR  301\/ 179 ITD 78\/( 2020) 196 DTR 349\/ 208 TTJ 956 (Mum.)(Trib.)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Tribunal held that annual\u00a0 Deloitte Touche Tohmatsu\u00a0 (DTT) technology subscription paid for utilizing brand and technology not being made for acquiring any asset of enduring benefit should be allowed as a revenue expenditure. (AY 2007-08) (ITA Nos. 6787 &amp; 6489\/Mum\/2014 dt. 27-02-2019)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure\u2013Capital or revenue\u2013Deloitte Touche Tohmatsu  (DTT) technology subscription-Payment for utilizing brand and technology not being made for acquiring any asset of enduring benefit should be allowed as a revenue 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_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-7490","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1WO","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7490","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=7490"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7490\/revisions"}],"predecessor-version":[{"id":19663,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7490\/revisions\/19663"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=7490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=7490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=7490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}