{"id":32585,"date":"2023-02-10T10:49:04","date_gmt":"2023-02-10T05:19:04","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-ltu-v-canara-bank-2022-142-taxmann-com-361-karn-hc-editorial-notice-issued-in-slp-filed-by-the-revenue-cit-ltu-v-canara-bank-2022-289-taxman-82-sc-2\/"},"modified":"2023-02-10T10:49:04","modified_gmt":"2023-02-10T05:19:04","slug":"cit-ltu-v-canara-bank-2022-142-taxmann-com-361-karn-hc-editorial-notice-issued-in-slp-filed-by-the-revenue-cit-ltu-v-canara-bank-2022-289-taxman-82-sc-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-ltu-v-canara-bank-2022-142-taxmann-com-361-karn-hc-editorial-notice-issued-in-slp-filed-by-the-revenue-cit-ltu-v-canara-bank-2022-289-taxman-82-sc-2\/","title":{"rendered":"CIT, LTU v. Canara Bank. (2022) 142 taxmann.com 361 (Karn.)(HC) Editorial : Notice issued IN SLP filed by the Revenue, CIT, LTU v. Canara Bank. (2022) 289 Taxman 82 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the Revenue the Court held that since transaction of assessee-bank with two companies, namely Rajendra Steels and Kedia group companies was genuine and assets which were leased out were in existence, assessee was entitled to depreciation. (AY. 2007-08)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 32 : Depreciation-lease of assets-Genuine transaction-Entitle to depreciation. <\/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-32585","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8tz","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32585","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=32585"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32585\/revisions"}],"predecessor-version":[{"id":32586,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32585\/revisions\/32586"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=32585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=32585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=32585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}