{"id":14034,"date":"2020-11-27T02:55:06","date_gmt":"2020-11-27T02:55:06","guid":{"rendered":"https:\/\/itatonline.org\/digest\/r-n-sahoo-v-dy-cit-2020-79-itr-20-sn-cuttack-trib\/"},"modified":"2020-11-27T02:55:06","modified_gmt":"2020-11-27T02:55:06","slug":"r-n-sahoo-v-dy-cit-2020-79-itr-20-sn-cuttack-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/r-n-sahoo-v-dy-cit-2020-79-itr-20-sn-cuttack-trib\/","title":{"rendered":"R. N. Sahoo v Dy. CIT (2020) 79 ITR 20 ( SN) (Cuttack) (Trib)"},"content":{"rendered":"<p>Tribunal held that\u00a0 since the assessee was not given proper opportunity to show cause enabling him to explain his stand and to establish that no amount of interest bearing loans was used for advancing interest-free loans, the issue was remanded to the Assessing Officer for examination afresh and verification after allowing due opportunity of hearing to the assessee.<\/p>\n<p><em>.(<\/em> AY.2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 36(1)(iii) :Interest on borrowed capital -Onus on assessee to establish that interest-bearing loan not used to extend interest-free loan \u2014 Matter remanded.<\/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-14034","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3Em","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14034","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=14034"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14034\/revisions"}],"predecessor-version":[{"id":14035,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14034\/revisions\/14035"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=14034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=14034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=14034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}