{"id":29002,"date":"2022-08-02T11:09:56","date_gmt":"2022-08-02T05:39:56","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-pc-jewellers-ltd-2022-93-itr-244-delhitrib-4\/"},"modified":"2022-08-02T11:09:56","modified_gmt":"2022-08-02T05:39:56","slug":"acit-v-pc-jewellers-ltd-2022-93-itr-244-delhitrib-4","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-pc-jewellers-ltd-2022-93-itr-244-delhitrib-4\/","title":{"rendered":"ACIT v. PC Jewellers Ltd. (2022) 93 ITR 244 (Delhi)(Trib.)"},"content":{"rendered":"<p>Held that with regard to whether expenditure on initial public offer shall be allowable while computing the book profits under section\u00a0115JB, the Assessing Officer was directed to consider Explanation 1 to section\u00a0115JB\u00a0and book profits taking into the treatment given to the receipt of the share capital in finalization of the accounts. (AY.2013-14, 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 115JB : Book profits-Computation-Expenses on initial Public Offer-Assessing Officer to consider book profits  as per treatment given in  finalisation of  accounts.<\/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-29002","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7xM","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/29002","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=29002"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/29002\/revisions"}],"predecessor-version":[{"id":29003,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/29002\/revisions\/29003"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=29002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=29002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=29002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}