{"id":15607,"date":"2021-03-11T15:04:51","date_gmt":"2021-03-11T09:34:51","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-v-hotels-ltd-2020-429-itr-54-275-taxman-106-317-ctr-377-bom-hc\/"},"modified":"2021-04-14T08:13:56","modified_gmt":"2021-04-14T02:43:56","slug":"pcit-v-v-hotels-ltd-2020-429-itr-54-275-taxman-106-317-ctr-377-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-v-hotels-ltd-2020-429-itr-54-275-taxman-106-317-ctr-377-bom-hc\/","title":{"rendered":"PCIT v. V. Hotels Ltd. (2020) 429 ITR 54 \/ 275 Taxman 106 \/ 317 CTR 377 \/ 194 DTR 369(Bom.)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that,\u00a0 additional floor space index granted, one instalment paid and entire amount debited in accounts. The assessee is\u00a0 entitled to depreciation on entire amount at\u00a0 rate applicable to buildings at the rate of 10 per cent. on the whole of the consideration. (AY. 2006-07)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 32 : Depreciation-Hotel-Additional floor space index granted-One instalment paid and entire amount debited in accounts-Entitled to depreciation on entire amount at  rate applicable to buildings. [S. 32(1)(ii), 43(6)(c)]<\/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":[21],"tags":[],"class_list":["post-15607","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-43J","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15607","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=15607"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15607\/revisions"}],"predecessor-version":[{"id":16529,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15607\/revisions\/16529"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=15607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=15607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=15607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}