{"id":10796,"date":"2020-03-23T01:24:09","date_gmt":"2020-03-23T01:24:09","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-ltu-v-acc-ltd-2019-112-taxmann-com-402-2020-269-taxman-15-bom-hc-editorial-slp-of-revenue-is-dismissed-cit-ltu-v-acc-ltd-2020-269-taxman-14-sc\/"},"modified":"2020-03-23T01:24:09","modified_gmt":"2020-03-23T01:24:09","slug":"cit-ltu-v-acc-ltd-2019-112-taxmann-com-402-2020-269-taxman-15-bom-hc-editorial-slp-of-revenue-is-dismissed-cit-ltu-v-acc-ltd-2020-269-taxman-14-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-ltu-v-acc-ltd-2019-112-taxmann-com-402-2020-269-taxman-15-bom-hc-editorial-slp-of-revenue-is-dismissed-cit-ltu-v-acc-ltd-2020-269-taxman-14-sc\/","title":{"rendered":"CIT (LTU) v. ACC Ltd.( 2019) 112 taxmann.com 402 \/ (2020) 269 Taxman 15 (Bom.)(HC) Editorial: SLP of revenue is dismissed; CIT (LTU) v. ACC Ltd. (2020) 269 Taxman 14 (SC)"},"content":{"rendered":"<p>Tribunal deleted addition made in respect of provision for bad and doubtful debts in computation of book profits. High Court up held the order of the Tribunal.followed\u00a0 Apollo Tyres\u00a0 Ltd\u00a0 v CIT ( 2002) 255 ITR 273 (SC).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 115JB :  Book profit-Provision for bad and doubtful debt- Ascertained liability-No addition can be made.  <\/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-10796","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2O8","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10796","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=10796"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10796\/revisions"}],"predecessor-version":[{"id":10797,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10796\/revisions\/10797"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=10796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=10796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=10796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}