{"id":5327,"date":"2019-05-02T09:50:52","date_gmt":"2019-05-02T09:50:52","guid":{"rendered":"http:\/\/itatonline.org\/digest\/poona-bottling-company-p-ltd-v-acit-2019-175-itd-634-punetrib\/"},"modified":"2019-05-02T09:50:52","modified_gmt":"2019-05-02T09:50:52","slug":"poona-bottling-company-p-ltd-v-acit-2019-175-itd-634-punetrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/poona-bottling-company-p-ltd-v-acit-2019-175-itd-634-punetrib\/","title":{"rendered":"Poona Bottling Company (P.) Ltd.  v. ACIT (2019) 175 ITD 634  (Pune)(Trib.)"},"content":{"rendered":"<p>Allowing\u00a0 the appeal of the assessee the Tribunal held that ,amount received as advance or deposit\u00a0 was written off cannot be assessed as remission or cessation of liability. (AY. 2007-08)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 41(1) : Profits chargeable to tax &#8211; Remission or cessation of trading liability-Business of bottling-cum-manufacturing of soft drink-Advances\/deposits towards security against bottles &#038; cases-Written off-Addition cannot be made as remission or cessation of liability. [ S. 32 ]<\/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-5327","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1nV","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5327","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=5327"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5327\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}