{"id":28057,"date":"2022-07-05T14:12:36","date_gmt":"2022-07-05T08:42:36","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-varha-infra-ltd-2022-285-taxman-561-raj-hc\/"},"modified":"2023-02-27T19:37:14","modified_gmt":"2023-02-27T14:07:14","slug":"pcit-v-varha-infra-ltd-2022-285-taxman-561-raj-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-varha-infra-ltd-2022-285-taxman-561-raj-hc\/","title":{"rendered":"PCIT v. Varha Infra Ltd. (2022) 285 Taxman 561\/ 135 taxmann.com 77\/328 CTR 115 \/ 216 DTR 316       (Raj.) (HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that the Tribunal finding gross profit shown by assessee to be reasonable, found that assessee&#8217;s claim of interest expenditure and depreciation was required to be allowed. Whether Tribunal, after thoroughly examining material available on record had assessed income of assessee and same being essentially a question of fact and appreciation of evidence. No question of law. (AY. 2016-17)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 145 : Method of accounting-Estimation of net profit-Interest and depreciation allowed-Question of fact. [S. 260A] <\/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-28057","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7ix","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/28057","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=28057"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/28057\/revisions"}],"predecessor-version":[{"id":33039,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/28057\/revisions\/33039"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=28057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=28057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=28057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}