{"id":18643,"date":"2021-05-26T11:34:11","date_gmt":"2021-05-26T06:04:11","guid":{"rendered":"https:\/\/itatonline.org\/digest\/shri-anant-steel-pvt-ltd-v-ito-202185-itr-60-sndelhi-trib-2\/"},"modified":"2021-05-26T11:34:11","modified_gmt":"2021-05-26T06:04:11","slug":"shri-anant-steel-pvt-ltd-v-ito-202185-itr-60-sndelhi-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/shri-anant-steel-pvt-ltd-v-ito-202185-itr-60-sndelhi-trib-2\/","title":{"rendered":"Shri Anant Steel Pvt. Ltd. v. ITO (2021)85 ITR 60 (SN)(Delhi) (Trib)"},"content":{"rendered":"<p>Tribunal held\u00a0 that the carriage outward was paid towards dispatch of finished goods to different locations with the freight therefor ; payments were duly supported by biliti, copies of which served as proof of payment. On mere comparison with the previous year, the Assessing Officer had disallowed the expense without noting the proportionate drop in expenditure debited to the profit and loss account under the head \u201cvehicle running and maintenance\u201d. The addition was deleted as not being tenable.( AY.2014-15)<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.37(1):Business expenditure \u2014Proportionate drop in vehicle maintenance account in profit and loss statement \u2014 Addition not tenable.  <\/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-18643","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4QH","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18643","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=18643"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18643\/revisions"}],"predecessor-version":[{"id":18644,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18643\/revisions\/18644"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=18643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=18643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}