{"id":14410,"date":"2020-12-13T12:10:05","date_gmt":"2020-12-13T12:10:05","guid":{"rendered":"https:\/\/itatonline.org\/digest\/barnala-steel-industries-ltd-v-jcit-2020-78-itr-29sn-delhi-trib\/"},"modified":"2020-12-13T12:10:05","modified_gmt":"2020-12-13T12:10:05","slug":"barnala-steel-industries-ltd-v-jcit-2020-78-itr-29sn-delhi-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/barnala-steel-industries-ltd-v-jcit-2020-78-itr-29sn-delhi-trib\/","title":{"rendered":"Barnala Steel Industries Ltd. v JCIT (2020) 78 ITR 29(SN) (Delhi) (Trib)"},"content":{"rendered":"<p>Tribunal held that\u00a0 the considering the totality of the facts of the case and in the interest of justice the issue was restored to the Assessing Officer with a direction to grant one opportunity to the assessee to substantiate that the recipient had filed its return declaring the interest amount in the income and paid due taxes thereon and decide the issue keeping in mind the provisions of section\u00a0201(1A)\u00a0. ( AY.2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 40(a)(ia): Amounts not deductible &#8211; Deduction at source \u2013 Failure to deduct tax on interest paid on loan- Recipient had declared the interest in the return-   The  assessee is directed to substantiate that recipient has  shown the interest in his return. [ S.194A, 201(IA) ]<\/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-14410","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3Kq","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14410","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=14410"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14410\/revisions"}],"predecessor-version":[{"id":14411,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14410\/revisions\/14411"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=14410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=14410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=14410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}