{"id":11483,"date":"2020-05-18T01:33:55","date_gmt":"2020-05-18T01:33:55","guid":{"rendered":"http:\/\/itatonline.org\/digest\/agrasen-engineering-industries-pvt-ltd-v-acit-2020-186-dtr-197-203-ttj-498-jaipurtrib\/"},"modified":"2020-05-18T01:33:55","modified_gmt":"2020-05-18T01:33:55","slug":"agrasen-engineering-industries-pvt-ltd-v-acit-2020-186-dtr-197-203-ttj-498-jaipurtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/agrasen-engineering-industries-pvt-ltd-v-acit-2020-186-dtr-197-203-ttj-498-jaipurtrib\/","title":{"rendered":"Agrasen Engineering Industries Pvt. Ltd. v. ACIT (2020) 186 DTR 197\/ 203 TTJ 498 (Jaipur)(Trib.)"},"content":{"rendered":"<p>Tribunal held that the assessee had,\u00a0 owns funds were more than investments \u00a0hence disallowance of interest is not justified, however,indirect administrative\u00a0 expenditure of\u00a0\u00a0 5% of\u00a0 average investment is held to be justified. (AY. 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure-Exempt income \u2013 Owns funds were more than investments-No disallowance of interest-Indirect administrative  expenditure of   5% of  average investment is held to be justified. [R. 8D]<\/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-11483","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2Zd","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/11483","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=11483"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/11483\/revisions"}],"predecessor-version":[{"id":11484,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/11483\/revisions\/11484"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=11483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=11483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=11483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}