{"id":43073,"date":"2024-05-21T20:25:35","date_gmt":"2024-05-21T14:55:35","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-gujarat-lease-financing-ltd-2024-296-taxman-73-sc-editorial-refer-pcit-v-gujarat-lease-financing-ltd2023-155-taxmann-com-635-gujhc\/"},"modified":"2024-05-21T20:25:35","modified_gmt":"2024-05-21T14:55:35","slug":"pcit-v-gujarat-lease-financing-ltd-2024-296-taxman-73-sc-editorial-refer-pcit-v-gujarat-lease-financing-ltd2023-155-taxmann-com-635-gujhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-gujarat-lease-financing-ltd-2024-296-taxman-73-sc-editorial-refer-pcit-v-gujarat-lease-financing-ltd2023-155-taxmann-com-635-gujhc\/","title":{"rendered":"PCIT v. Gujarat Lease Financing Ltd. (2024) 296 Taxman 73 (SC) Editorial : Refer, PCIT v. Gujarat Lease Financing Ltd(2023) 155 taxmann.com 635 (Guj)(HC)"},"content":{"rendered":"<p>High Court\u00a0 affirmed the order of the Tribunal\u00a0 wherein the Tribunal allowed the bad debt on the ground that the same was incurred in the ordinary course of business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 268A : Appeal-Instructions-Circulars-Monetary limits-Bad debt-Lease and finance-SLP filed by revenue against said impugned order was to be dismissed as, in terms of CBDT Circular No. 17\/2019 dated 8-8-2019, tax amount on which notice had been issued, was less than Rs. 2 crores.[S. 36(1)(vii)]  <\/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-43073","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bcJ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43073","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=43073"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43073\/revisions"}],"predecessor-version":[{"id":43074,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43073\/revisions\/43074"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=43073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=43073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=43073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}