{"id":1057,"date":"2018-05-31T10:12:33","date_gmt":"2018-05-31T10:12:33","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-ace-india-abodes-ltd-2018-162-dtr-118-rajhc\/"},"modified":"2018-05-31T10:12:33","modified_gmt":"2018-05-31T10:12:33","slug":"cit-v-ace-india-abodes-ltd-2018-162-dtr-118-rajhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-ace-india-abodes-ltd-2018-162-dtr-118-rajhc\/","title":{"rendered":"CIT   v. Ace India Abodes Ltd. (2018) 162 DTR 118 (Raj)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that the payment of cash was made to villagers for purchase of land as stock in trade . Villagers\u00a0 were paid the amount in cash\u00a0 in the absence of banking facilities\u00a0 deletion of addition was held to be justified\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 40A(3) :Expenses or payments not deductible &#8211; Cash payments exceeding prescribed limits -20% expenditure -Purchase of land as stock in trade -Villagers paid the amount in cash  in the absence of banking facilities  deletion of addition was held to be justified [ R.6DD(h)]<\/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-1057","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-h3","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1057","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=1057"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1057\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=1057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=1057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=1057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}