{"id":13922,"date":"2020-11-21T15:16:55","date_gmt":"2020-11-21T15:16:55","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dy-cit-v-coffee-day-global-ltd-2020-79-itr-322-bang-trib-4\/"},"modified":"2020-11-21T15:16:55","modified_gmt":"2020-11-21T15:16:55","slug":"dy-cit-v-coffee-day-global-ltd-2020-79-itr-322-bang-trib-4","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-coffee-day-global-ltd-2020-79-itr-322-bang-trib-4\/","title":{"rendered":"Dy. CIT v. Coffee Day Global Ltd. (2020) 79 ITR 322 (Bang) (Trib)"},"content":{"rendered":"<p>Tribunal held that\u00a0 according to the proviso to section\u00a036(1)(iii)\u00a0inserted by the Finance Act, 2003 with effect from April 1, 2004, till the asset for which the loan was borrowed was put to use, interest was not allowable. ( AY.2013-14, 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.36(1)(iii: Interest on borrowed capital \u2014 Till asset for which loan borrowed is put to use, interest not allowable [ S.37(1) ]<\/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-13922","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3Cy","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13922","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=13922"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13922\/revisions"}],"predecessor-version":[{"id":13923,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13922\/revisions\/13923"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=13922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=13922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=13922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}