{"id":12178,"date":"2020-09-11T11:50:39","date_gmt":"2020-09-11T11:50:39","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-gujarat-narmada-valley-fertilizer-and-chemicals-ltd-2020-423-itr-54-guj-hc\/"},"modified":"2021-04-16T09:16:19","modified_gmt":"2021-04-16T03:46:19","slug":"pcit-v-gujarat-narmada-valley-fertilizer-and-chemicals-ltd-2020-423-itr-54-guj-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-gujarat-narmada-valley-fertilizer-and-chemicals-ltd-2020-423-itr-54-guj-hc\/","title":{"rendered":"PCIT v. Gujarat Narmada Valley Fertilizer and Chemicals Ltd. (2020) 423 ITR 54 \/ 192 DTR 233(Guj) (HC )"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that , replacement of damaged parts of existing machinery\u00a0 is revenue expenditure on the facts of the case\u00a0 no \u00a0independent parts capable of functioning independently. \u00a0( AY.2004-05)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.37(1) : Business expenditure \u2014 Capital or revenue &#8211; Replacement of damaged parts of existing machinery \u2014 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-12178","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3aq","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12178","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=12178"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12178\/revisions"}],"predecessor-version":[{"id":16746,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12178\/revisions\/16746"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=12178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=12178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=12178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}