{"id":8553,"date":"2019-12-17T12:31:23","date_gmt":"2019-12-17T12:31:23","guid":{"rendered":"http:\/\/itatonline.org\/digest\/dy-cit-v-oxigen-services-india-p-ltd-2019-69-itr-63-sn-delhitrib-2\/"},"modified":"2019-12-17T12:31:23","modified_gmt":"2019-12-17T12:31:23","slug":"dy-cit-v-oxigen-services-india-p-ltd-2019-69-itr-63-sn-delhitrib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-oxigen-services-india-p-ltd-2019-69-itr-63-sn-delhitrib-2\/","title":{"rendered":"Dy.  CIT v.  Oxigen Services India P.  Ltd.  (2019) 69 ITR 63  (SN) (Delhi)(Trib. )"},"content":{"rendered":"<p>Legal, professional and consultancy expenses for availing software development services are allowable revenue expenditure under section 37 of the Act. \u00a0They are allowable expenses since they are of a recurring nature and not of an enduring nature and also no new capital asset is acquired. \u00a0\u00a0AMP expenses towards Glow Sign Posts is allowable expenditure under section 37 of the Act. \u00a0AMP expenses towards Glow Sign Posts is allowable expenditure in view of the decision in CIT v. \u00a0Orient Ceramics and Industries Ltd. \u00a0(2013) 358 ITR 49 (Delhi) (HC). (AY 2009-2010)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure\u2013Capital or revenue-Software development services-AMP expenses towards Glow Sign Posts-Allowable as 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-8553","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2dX","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8553","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=8553"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8553\/revisions"}],"predecessor-version":[{"id":8554,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8553\/revisions\/8554"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=8553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=8553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=8553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}