{"id":52854,"date":"2025-04-15T21:06:34","date_gmt":"2025-04-15T15:36:34","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-gujarat-state-fertilizers-and-chemicals-ltd-2024470-itr-363-guj-hc\/"},"modified":"2025-04-15T21:06:34","modified_gmt":"2025-04-15T15:36:34","slug":"pcit-v-gujarat-state-fertilizers-and-chemicals-ltd-2024470-itr-363-guj-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-gujarat-state-fertilizers-and-chemicals-ltd-2024470-itr-363-guj-hc\/","title":{"rendered":"PCIT v. Gujarat State Fertilizers And Chemicals Ltd. (2024)470 ITR 363 (Guj) (HC)"},"content":{"rendered":"<p>Held that the Tribunal is \u00a0justified in deleting addition on account of disallowance of expenses on repairs and maintenance \u00a0of stores and spares\u00a0 and contribution\/ donation to trust, is allowable as revenue expenditure.\u00a0\u00a0 However the\u00a0\u00a0 amount written off of new project, the question of law is admitted.(AY. 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Expenses incurred on repairs and maintenance of stores-Allowable as revenue expenditure-Donation to Trust-Sardar-Allowable as deduction-Amount written off of new project, the question of law is admitted. [S.80G,  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-52854","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-dKu","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/52854","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=52854"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/52854\/revisions"}],"predecessor-version":[{"id":52855,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/52854\/revisions\/52855"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=52854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=52854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=52854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}