{"id":10098,"date":"2020-02-24T02:18:36","date_gmt":"2020-02-24T02:18:36","guid":{"rendered":"http:\/\/itatonline.org\/digest\/acit-v-jsw-steel-ltd-2020-180-itd-505-mum-trib-6\/"},"modified":"2020-02-24T02:18:36","modified_gmt":"2020-02-24T02:18:36","slug":"acit-v-jsw-steel-ltd-2020-180-itd-505-mum-trib-6","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-jsw-steel-ltd-2020-180-itd-505-mum-trib-6\/","title":{"rendered":"ACIT v. JSW Steel Ltd. (2020) 180 ITD 505 (Mum) (Trib.)"},"content":{"rendered":"<p>Tribunal held that liability for interest under S. 234B had arisen only on account of a retrospective amendment to provision of S.\u00a0 115JB with effect from assessment year 2001-02, assessee would not have anticipated retrospective amendment at time of making payments for advance tax, but to estimate liability to pay advance tax on basis of existing provisions. Accordingly the\u00a0 liability of interest is deleted . (AY. 2006 -07)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 234B : Interest &#8211; Advance tax \u2013 Book profit &#8211; Retrospective amendment to provision of S. 115JB- Not liable to pay interest .[ S.115JB ]<\/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-10098","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2CS","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10098","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=10098"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10098\/revisions"}],"predecessor-version":[{"id":10099,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10098\/revisions\/10099"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=10098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=10098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=10098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}