{"id":29958,"date":"2022-09-29T12:44:29","date_gmt":"2022-09-29T07:14:29","guid":{"rendered":"https:\/\/itatonline.org\/digest\/beeya-overseas-ltd-v-dcit-2022-the-chambers-journal-september-p-133-kol-trib\/"},"modified":"2022-09-29T12:44:29","modified_gmt":"2022-09-29T07:14:29","slug":"beeya-overseas-ltd-v-dcit-2022-the-chambers-journal-september-p-133-kol-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/beeya-overseas-ltd-v-dcit-2022-the-chambers-journal-september-p-133-kol-trib\/","title":{"rendered":"Beeya Overseas Ltd v .DCIT (2022) The Chamber\u2019s Journal \u2013 September \u2013 P. 133( Kol)( Trib )"},"content":{"rendered":"<p>Held that \u00a0depreciation cannot be disallowed on any asset which is part of the block of asset and has suffered depreciation in the preceding year and even if\u00a0 the same is not put to use in the current year or subsequent years ( ITA No. 409\/ Kol\/ 2020 dt. 1-8 2022 )( AY. 2010-11 )<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 32 : Depreciation \u2013 Block of asset &#8211;  Asset not put to use in the current year or subsequent year \u2013 Depreciation cannot be disallowed  [ S. 2(11) , 32(2) ] <\/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-29958","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7Nc","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/29958","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=29958"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/29958\/revisions"}],"predecessor-version":[{"id":29959,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/29958\/revisions\/29959"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=29958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=29958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=29958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}