{"id":43192,"date":"2024-06-07T19:18:34","date_gmt":"2024-06-07T13:48:34","guid":{"rendered":"https:\/\/itatonline.org\/digest\/garve-motors-p-ltd-v-acit-2023-199-itd-136-pune-trib\/"},"modified":"2024-06-07T19:18:34","modified_gmt":"2024-06-07T13:48:34","slug":"garve-motors-p-ltd-v-acit-2023-199-itd-136-pune-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/garve-motors-p-ltd-v-acit-2023-199-itd-136-pune-trib\/","title":{"rendered":"Garve Motors (P.) Ltd. v. ACIT (2023) 199 ITD 136 (Pune) (Trib.)"},"content":{"rendered":"<p>Assessee had occupied premises on short-term lease which was in a disfigured condition and carried out extensive repairs to convert same into workshop and showroom so as to suit its business operation to be carried therefrom. The Tribunal held that the expenses incurred\u00a0 is allowable as revenue expenditure.\u00a0 (AY. 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 30 : Rent rates, taxes, repairs and insurance for buildings-Premises on short-term lease-Allowable as revenue 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":[21],"tags":[],"class_list":["post-43192","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-beE","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43192","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=43192"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43192\/revisions"}],"predecessor-version":[{"id":43193,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43192\/revisions\/43193"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=43192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=43192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=43192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}