{"id":48546,"date":"2024-12-01T09:48:26","date_gmt":"2024-12-01T04:18:26","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-century-real-estate-holdings-pvt-ltd-2024467-itr-13-167-taxmann-com-220-karnhc-editorial-delay-of-289-days-in-filing-the-slp-is-not-condoned-slp-is-dismissed-pcit-v-century-real-e\/"},"modified":"2024-12-01T09:48:26","modified_gmt":"2024-12-01T04:18:26","slug":"pcit-v-century-real-estate-holdings-pvt-ltd-2024467-itr-13-167-taxmann-com-220-karnhc-editorial-delay-of-289-days-in-filing-the-slp-is-not-condoned-slp-is-dismissed-pcit-v-century-real-e","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-century-real-estate-holdings-pvt-ltd-2024467-itr-13-167-taxmann-com-220-karnhc-editorial-delay-of-289-days-in-filing-the-slp-is-not-condoned-slp-is-dismissed-pcit-v-century-real-e\/","title":{"rendered":"PCIT v.Century Real Estate Holdings Pvt. Ltd. (2024)467 ITR 13 \/167 taxmann.com 220 (Karn)(HC) Editorial : Delay of 289 days in filing the SLP is not condoned, SLP is dismissed, PCIT v. Century Real Estate Holdings Pvt. Ltd. (2024)467 ITR 16 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the Revenue the Court held\u00a0 that the Tribunal was right in deleting the disallowance made by the assessing authority in respect of future expenses claimed as deduction under section\u00a037\u00a0holding that the provision claimed by the assessee was an allowable deduction. Followed, Bharat Earth Movers v. CIT(2000) 245 ITR 428 (SC)\u00a0 (AY. 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Provision for contingent liabilities-Order of Tribunal is affirmed-No substantial question of law.[S. 260A] <\/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-48546","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cD0","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48546","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=48546"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48546\/revisions"}],"predecessor-version":[{"id":48547,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48546\/revisions\/48547"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=48546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=48546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=48546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}