{"id":13989,"date":"2020-11-23T12:39:29","date_gmt":"2020-11-23T12:39:29","guid":{"rendered":"https:\/\/itatonline.org\/digest\/satern-griha-nirman-p-ltd-v-ito-2020-79-itr-359-kol-trib-2\/"},"modified":"2020-11-23T12:39:29","modified_gmt":"2020-11-23T12:39:29","slug":"satern-griha-nirman-p-ltd-v-ito-2020-79-itr-359-kol-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/satern-griha-nirman-p-ltd-v-ito-2020-79-itr-359-kol-trib-2\/","title":{"rendered":"Satern Griha Nirman P. Ltd. v. ITO (2020) 79 ITR 359 (Kol) (Trib)"},"content":{"rendered":"<p>Tribunal held that, transfer fee\u00a0 and interest received for delay in payment against flat is eligible deduction . As regards interest on bank deposits\u00a0 the same should be restricted to net interest . Followed\u00a0 \u00a0ACG \u00a0Associated \u00a0Capsules P . Ltd \u00a0v. CIT ( 2012) 343 ITR 89 (SC)\u00a0 ( AY.2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80IB(10) : Housing projects-   Interest on bank deposits \u2013 Transfer fee  and interest received for delay in payment against flat \u2013 Eligible deduction \u2013 Net interest can be disallowed . <\/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-13989","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3DD","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13989","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=13989"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13989\/revisions"}],"predecessor-version":[{"id":13990,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13989\/revisions\/13990"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=13989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=13989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=13989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}