{"id":13752,"date":"2020-11-14T14:28:02","date_gmt":"2020-11-14T14:28:02","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pentamedia-graphics-ltd-v-dy-cit-2020-80-itr-555-185-itd-145-205-ttj-892-chennai-trib\/"},"modified":"2020-11-14T14:28:02","modified_gmt":"2020-11-14T14:28:02","slug":"pentamedia-graphics-ltd-v-dy-cit-2020-80-itr-555-185-itd-145-205-ttj-892-chennai-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pentamedia-graphics-ltd-v-dy-cit-2020-80-itr-555-185-itd-145-205-ttj-892-chennai-trib\/","title":{"rendered":"Pentamedia Graphics Ltd. v. Dy. CIT (2020) 80 ITR 555 \/ 185 ITD 145\/ 205 TTJ 892 (Chennai) (Trib)"},"content":{"rendered":"<p>Tribunal held that the foreign investments on which dividend suffered taxation in India, no\u00a0 disallowance can be made . Similarly investments in Indian companies\u00a0 which not yielding exempt income, has to be excluded . Matter remanded to the Assessing Officer\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure &#8211; Exempt income -Foreign investments- Dividend suffered taxation in India \u2013 No  disallowance can be made &#8211; Investments in Indian companies not yielding exempt Income \u2014Has to be excluded . [ R.8D(iii) ]<\/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":[21],"tags":[],"class_list":["post-13752","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3zO","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13752","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=13752"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13752\/revisions"}],"predecessor-version":[{"id":13753,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13752\/revisions\/13753"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=13752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=13752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=13752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}