{"id":41700,"date":"2024-04-26T16:12:40","date_gmt":"2024-04-26T10:42:40","guid":{"rendered":"https:\/\/itatonline.org\/digest\/addl-cit-v-quippo-oil-gas-infrastructure-ltd-delhi-201-itd-47delhitrib\/"},"modified":"2024-04-26T16:12:40","modified_gmt":"2024-04-26T10:42:40","slug":"addl-cit-v-quippo-oil-gas-infrastructure-ltd-delhi-201-itd-47delhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/addl-cit-v-quippo-oil-gas-infrastructure-ltd-delhi-201-itd-47delhitrib\/","title":{"rendered":"Addl.CIT v. Quippo Oil &#038; Gas Infrastructure Ltd. (Delhi) 201 ITD 47(Delhi)(Trib)"},"content":{"rendered":"<p>Tribunal held that\u00a0 the oil rigs which form part of plants of &#8216;specific category&#8217; which was used for drilling operations for purpose of exploration and extraction of mineral oil in field of mineral oil concerns, the assessee was entitled to a higher rate of depreciation<strong>. <\/strong>(AY.2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 32: Depreciation \u2014Oil drilling rigs-Entitled to a higher rate of depreciation. [R. 5]<\/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-41700","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-aQA","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41700","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=41700"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41700\/revisions"}],"predecessor-version":[{"id":41701,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41700\/revisions\/41701"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=41700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=41700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=41700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}