{"id":23378,"date":"2022-01-06T10:17:49","date_gmt":"2022-01-06T04:47:49","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-ltu-v-vijay-bank-2021-130-taxmann-com-148-karn-hc-editorial-slp-was-granted-to-revenue-cit-ltu-v-vijay-bank-2021-282-taxman-296-sc\/"},"modified":"2022-01-06T10:17:49","modified_gmt":"2022-01-06T04:47:49","slug":"cit-ltu-v-vijay-bank-2021-130-taxmann-com-148-karn-hc-editorial-slp-was-granted-to-revenue-cit-ltu-v-vijay-bank-2021-282-taxman-296-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-ltu-v-vijay-bank-2021-130-taxmann-com-148-karn-hc-editorial-slp-was-granted-to-revenue-cit-ltu-v-vijay-bank-2021-282-taxman-296-sc\/","title":{"rendered":"CIT, LTU v. Vijay Bank (2021) 130 taxmann.com 148 (Karn.)(HC) Editorial :SLP was granted to revenue, CIT, LTU v. Vijay Bank (2021) 282 Taxman 296 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that, in respect to banking companies provision made for bad debts is allowable as\u00a0 deduction though not debited in profit and loss account. (AY.2006-07)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 36(1)(vii) :Bad debt-Provision made for bad debts-Banking company-Allowable as  deduction though not debited in profit and loss account. [S. 145] <\/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-23378","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-654","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23378","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=23378"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23378\/revisions"}],"predecessor-version":[{"id":23379,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23378\/revisions\/23379"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=23378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=23378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=23378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}