{"id":8201,"date":"2019-11-14T06:52:06","date_gmt":"2019-11-14T06:52:06","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-torrent-p-ltd-2019-266-taxman-151-guj-hc\/"},"modified":"2020-10-11T03:19:45","modified_gmt":"2020-10-11T03:19:45","slug":"pcit-v-torrent-p-ltd-2019-266-taxman-151-guj-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-torrent-p-ltd-2019-266-taxman-151-guj-hc\/","title":{"rendered":"PCIT  v. Torrent (P.) Ltd. (2019)  266 Taxman 151 \/( 2020)  423 ITR 455 (Guj) (HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held\u00a0 that provision for diminution in value of investment, having been actually written off, cannot be added to book profit under section 115JB(2)(i) of the Act . (AY. 2003 -04)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 115JB :  Book profit &#8211; Provision for diminution in value of investment- Written off in the books \u2013 Addition  cannot be  made to book profit . [ S. 115JB(2)(i), Accounting Standard (AS) 13 ]<\/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-8201","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-28h","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8201","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=8201"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8201\/revisions"}],"predecessor-version":[{"id":12915,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8201\/revisions\/12915"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=8201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=8201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=8201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}