{"id":8557,"date":"2019-12-17T12:32:20","date_gmt":"2019-12-17T12:32:20","guid":{"rendered":"http:\/\/itatonline.org\/digest\/dy-cit-v-sharda-cropchem-ltd-2019-178-dtr-83-71-itr-141-199-ttj-960-mum-trib\/"},"modified":"2019-12-17T12:32:20","modified_gmt":"2019-12-17T12:32:20","slug":"dy-cit-v-sharda-cropchem-ltd-2019-178-dtr-83-71-itr-141-199-ttj-960-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-sharda-cropchem-ltd-2019-178-dtr-83-71-itr-141-199-ttj-960-mum-trib\/","title":{"rendered":"Dy.  CIT v.  Sharda Cropchem Ltd.  (2019) 178 DTR 83\/ 71 ITR 141\/199 TTJ 960  (Mum.)(Trib.)"},"content":{"rendered":"<p>If the assessee has incurred product registration expenses for the purpose of registering its product and is a trader and not a manufacturer and such expenditure is of a recurring nature then such expenses are not towards purchasing a capital asset nor any benefit is derived which is of an enduring nature and therefore such expenses are entirely allowable as revenue expenditure. (AY. \u00a02013-2014)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Product registration expenses-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-8557","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2e1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8557","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=8557"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8557\/revisions"}],"predecessor-version":[{"id":8558,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8557\/revisions\/8558"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=8557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=8557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=8557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}