{"id":25354,"date":"2022-03-12T15:48:53","date_gmt":"2022-03-12T10:18:53","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-claridges-hotels-pvt-ltd-2021-86-itr-402-delhitrib-3\/"},"modified":"2022-03-12T15:48:53","modified_gmt":"2022-03-12T10:18:53","slug":"acit-v-claridges-hotels-pvt-ltd-2021-86-itr-402-delhitrib-3","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-claridges-hotels-pvt-ltd-2021-86-itr-402-delhitrib-3\/","title":{"rendered":"ACIT v. Claridges Hotels Pvt. Ltd. (2021) 86 ITR 402 (Delhi)(Trib.)"},"content":{"rendered":"<p>Held that depreciation on cars which are owned by the Company cannot be disallowed merely because\u00a0\u00a0 they were parked in the premises of the managing\u00a0 director. Similarly Gym Equipment appearing in fixed assets in the balance sheet of the company depreciation on such assets cannot be disallowed on the ground that it was used by the managing director. (AY. 2011-12 to 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 32 : Depreciation-Car parked at premises of managing director-Gym Equipment-Depreciation cannot be disallowed on the ground that it was used by  the managing director. <\/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-25354","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6AW","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25354","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=25354"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25354\/revisions"}],"predecessor-version":[{"id":25355,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25354\/revisions\/25355"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=25354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=25354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=25354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}