{"id":5438,"date":"2019-05-17T09:55:04","date_gmt":"2019-05-17T09:55:04","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-bajaj-hindustan-ltd-2019-2019-103-taxmann-com-31-bom-hc-editorial-slp-of-revenue-is-dismissed-cit-v-bajaj-hindustan-ltd-2019-261-taxman-558-sc\/"},"modified":"2020-05-26T02:46:16","modified_gmt":"2020-05-26T02:46:16","slug":"cit-v-bajaj-hindustan-ltd-2019-2019-103-taxmann-com-31-bom-hc-editorial-slp-of-revenue-is-dismissed-cit-v-bajaj-hindustan-ltd-2019-261-taxman-558-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-bajaj-hindustan-ltd-2019-2019-103-taxmann-com-31-bom-hc-editorial-slp-of-revenue-is-dismissed-cit-v-bajaj-hindustan-ltd-2019-261-taxman-558-sc\/","title":{"rendered":"CIT v. Bajaj Hindustan Ltd. (2019) ( 2019) 103 taxmann.com 31 (Bom.)(HC)  Editorial: SLP of revenue is dismissed; CIT v. Bajaj Hindustan Ltd ( 2019( 261 Taxman 558 (SC)\/\/ 411 ITR 3(St.)(SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the\u00a0 Court held that; unabsorbed depreciation pertaining to assessment year 1997-98 to assessment year 2001-02 was allowed to be carried forward and adjusted after lapse of 8 assessment years in view of section 32(2) as amended by Finance Act, 2001. (Followed\u00a0 CIT v. Hindustan Unilever Ltd ( 2017) 394 ITR 73 (Bom.) (HC)\u00a0 (AY. 1997-98 to 2001-02)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 32 : Depreciation\u2013Unabsorbed depreciation pertaining to assessment year 1997-98 to assessment year 2001-02 was allowed to be carried forward and adjusted after lapse of 8 assessment years in view of section 32(2) as amended by Finance Act, 2001 [S. 32(2)]<\/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-5438","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1pI","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5438","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=5438"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5438\/revisions"}],"predecessor-version":[{"id":11625,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5438\/revisions\/11625"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}