{"id":14275,"date":"2020-12-07T13:10:34","date_gmt":"2020-12-07T13:10:34","guid":{"rendered":"https:\/\/itatonline.org\/digest\/ingersoll-rand-india-ltd-v-cit-2020-427-itr-158-karnhc\/"},"modified":"2021-04-16T09:02:35","modified_gmt":"2021-04-16T03:32:35","slug":"ingersoll-rand-india-ltd-v-cit-2020-427-itr-158-karnhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/ingersoll-rand-india-ltd-v-cit-2020-427-itr-158-karnhc\/","title":{"rendered":"Ingersoll-Rand (India) Ltd v .CIT (2020) 427 ITR 158\/192 DTR 369 (Karn)(HC)"},"content":{"rendered":"<p>Court held that that in the absence of any mechanism in the AY. 2002-03 to compute the disallowance for expenditure incurred for earning exempt income, the Tribunal grossly erred in setting aside the order of the Commissioner (Appeals). ( AY.2000-01, 2001-02, 2002-03)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure &#8211; Exempt income \u2013 Amendment is not retrospective- Not applicable to Assessment year prior to AY 2007-08  [ S. 10(33),254(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-14275","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3If","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14275","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=14275"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14275\/revisions"}],"predecessor-version":[{"id":16743,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14275\/revisions\/16743"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=14275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=14275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=14275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}