{"id":4224,"date":"2019-03-05T11:54:40","date_gmt":"2019-03-05T11:54:40","guid":{"rendered":"http:\/\/itatonline.org\/digest\/gkn-driveline-india-ltd-v-dcit-2018-62-itr-784-delhitrib-2\/"},"modified":"2019-03-05T11:54:40","modified_gmt":"2019-03-05T11:54:40","slug":"gkn-driveline-india-ltd-v-dcit-2018-62-itr-784-delhitrib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/gkn-driveline-india-ltd-v-dcit-2018-62-itr-784-delhitrib-2\/","title":{"rendered":"GKN Driveline (India) Ltd. v. DCIT (2018) 62 ITR  784 (Delhi)(Trib.)"},"content":{"rendered":"<p>Provision for warranty on the basis of technical estimation is a provision for ascertained liability hence allowable as deduction. Followed, Rotork Controls India (P.) Ltd. (2009) 314 ITR 62 (SC). (AY. 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure\u2013Provision for warranty claims is allowable expenditure.<\/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-4224","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-168","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/4224","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=4224"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/4224\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=4224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=4224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=4224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}