{"id":41706,"date":"2024-04-26T16:14:40","date_gmt":"2024-04-26T10:44:40","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dy-cit-e-v-ahmedabad-urban-development-authority-2023-105-itr-24sn-ahd-trib\/"},"modified":"2024-04-26T16:14:40","modified_gmt":"2024-04-26T10:44:40","slug":"dy-cit-e-v-ahmedabad-urban-development-authority-2023-105-itr-24sn-ahd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-e-v-ahmedabad-urban-development-authority-2023-105-itr-24sn-ahd-trib\/","title":{"rendered":"Dy. CIT (E) v. Ahmedabad Urban Development Authority [2023] 105 ITR 24(SN) (Ahd (Trib)"},"content":{"rendered":"<p>Hon\u2019ble appellate tribunal held that the assessee is eligible to claim depreciation at the rate prescribed for \u201cplant and machinery\u201d under the provisions of section 32 of the Act as the assessee is promoting public objects which are activities in the nature of trade, commerce or business but without commercial motive. (AY. 2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 32 : Depreciation on property held for charitable purposes-Depreciation is to be allowed at the rate prescribed for \u2018plant and machinery\u2019. [S. 11] <\/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-41706","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-aQG","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41706","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=41706"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41706\/revisions"}],"predecessor-version":[{"id":41707,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41706\/revisions\/41707"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=41706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=41706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=41706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}