{"id":3216,"date":"2018-12-11T10:32:05","date_gmt":"2018-12-11T10:32:05","guid":{"rendered":"http:\/\/itatonline.org\/digest\/dy-cit-v-usha-martin-ltd-2018-66-itr-18-snranchitrib\/"},"modified":"2018-12-11T10:32:05","modified_gmt":"2018-12-11T10:32:05","slug":"dy-cit-v-usha-martin-ltd-2018-66-itr-18-snranchitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-usha-martin-ltd-2018-66-itr-18-snranchitrib\/","title":{"rendered":"Dy. CIT v. Usha Martin Ltd. (2018) 66 ITR 18 ( SN)(Ranchi)(Trib.)"},"content":{"rendered":"<p>Amount debited under P&amp;L a\/c towards debenture redemption reserve fund is a known liability and therefore cannot be considered a reserve and it also cannot be considered as unascertained liability. (AY. 1999-00, 2001-02, 2002-03)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 115JB :  Book profit\u2013Amount debited under P&#038;L a\/c towards debenture redemption reserve fund is a known liability and therefore, cannot be added to the book profit.<\/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-3216","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-PS","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3216","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=3216"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3216\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}