{"id":21787,"date":"2021-09-24T12:09:42","date_gmt":"2021-09-24T06:39:42","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dy-cit-v-agc-net-work-ltd-2020-192-dtr-273-204-ttj-850-mum-trib\/"},"modified":"2021-09-24T12:09:42","modified_gmt":"2021-09-24T06:39:42","slug":"dy-cit-v-agc-net-work-ltd-2020-192-dtr-273-204-ttj-850-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-agc-net-work-ltd-2020-192-dtr-273-204-ttj-850-mum-trib\/","title":{"rendered":"Dy. CIT v. AGC Net Work Ltd. (2020) 192 DTR 273 \/ 204 TTJ 850 (Mum.)(Trib.)"},"content":{"rendered":"<p>Where the liability for expenditure incurred during the year cannot be determined with certainty, it was held that as per the provisions of AS-1, the assessee is entitled to make an appropriate provision for the liability on the basis of best estimate made with the information available. (AY. 2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 145 : Method of accounting-Books of Accounts-Change in accounting policy-Provision for such liabilities that cannot be determined with certainty is to be determined based on best estimate.   <\/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-21787","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5Fp","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/21787","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=21787"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/21787\/revisions"}],"predecessor-version":[{"id":21788,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/21787\/revisions\/21788"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=21787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=21787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=21787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}