{"id":253,"date":"2018-04-29T12:10:12","date_gmt":"2018-04-29T12:10:12","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-damac-holdings-pvt-ltd-2018-401-itr-495-ker-hc\/"},"modified":"2018-05-26T03:34:14","modified_gmt":"2018-05-26T03:34:14","slug":"cit-v-damac-holdings-pvt-ltd-2018-401-itr-495-ker-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-damac-holdings-pvt-ltd-2018-401-itr-495-ker-hc\/","title":{"rendered":"CIT  v. Damac Holdings Pvt. Ltd. (2018)  401 ITR 495\/253 Taxman 123  (Ker) (HC)"},"content":{"rendered":"<p>That the allowance of expenditure for levelling the land was to be confined to the amounts revealed from the seized documents, whether it was cash or cheque payments. Presumption applies only to the extent of documents seized ( AY .2007-08, 2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure \u2013 Expenditure on levelling of land was held to be allowable \u2013 Presumption  applies only to the extent of documents seized [ S.132(4A ]<\/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-253","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-45","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/253","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=253"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/253\/revisions"}],"predecessor-version":[{"id":1020,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/253\/revisions\/1020"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}