{"id":9485,"date":"2020-02-06T09:18:08","date_gmt":"2020-02-06T09:18:08","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-reliance-natural-resources-ltd-2019-267-taxman-644-bom-hc-3\/"},"modified":"2022-08-27T17:29:04","modified_gmt":"2022-08-27T11:59:04","slug":"pcit-v-reliance-natural-resources-ltd-2019-267-taxman-644-bom-hc-3","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-reliance-natural-resources-ltd-2019-267-taxman-644-bom-hc-3\/","title":{"rendered":"PCIT v Reliance Natural Resources Ltd. (2019) 267 Taxman 644 (Bom.)(HC)\/Editorial : SLP of Revenue dismissed , PCIT  v.  Reliance Natural Resources Ltd. (2022)  286 Taxman 435 (SC)"},"content":{"rendered":"<p>Revenue urged the following question of law for consideration ;<\/p>\n<p>\u201cWhether on the facts and in the circumstances of the case and in law, the Tribunal was justified in deleting the disallowance of expenses of Rs.28 58, 28, 246 \/ on the issue of Foreign Currency Convertible Bond without appreciating the fact that expenses were incurred for the issue of FCCB of Rs.1304.13 Crores which is capital in nature \u201c ?<\/p>\n<p>Question of law is admitted. (ITANO. 623 of 2017 dt 26-08-2019) (AY. 2007-08)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure\u2013Raising loan-Capital or revenue-Expenses for issuing Foreign Convertible Bond only on interpretation of DTAA-Question of law. [S. 260A]<\/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-9485","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2sZ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/9485","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=9485"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/9485\/revisions"}],"predecessor-version":[{"id":29177,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/9485\/revisions\/29177"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=9485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=9485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=9485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}