{"id":14584,"date":"2020-12-23T11:05:37","date_gmt":"2020-12-23T11:05:37","guid":{"rendered":"https:\/\/itatonline.org\/digest\/ito-v-centrum-capital-limited-2020-bcaj-november-p-55-mum-trib\/"},"modified":"2020-12-23T11:05:37","modified_gmt":"2020-12-23T11:05:37","slug":"ito-v-centrum-capital-limited-2020-bcaj-november-p-55-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/ito-v-centrum-capital-limited-2020-bcaj-november-p-55-mum-trib\/","title":{"rendered":"ITO v. Centrum Capital limited ( 2020) BCAJ-November -P. 55 (Mum) (Trib)"},"content":{"rendered":"<p>The revenue preferred an appeal contending that CIT (A) erred in restricting the disallowance u\/s 14A\u00a0 to Rs . 22, 82 187 being the amount suo motu disallowed by the assessee . The Assessee fied a cross objection contending that the CIT (A) ought to have restricted the disallowance to the exempt income of Rs 44,250 instead observing that the disallowance should be restricted to Rs .22,82, 187\u00a0 being suo motu disallowance done by the assessee.\u00a0 Tribunal held that ground can be raised for the first tine which was not taken in \u00a0appeal before CIT (A) .\u00a0 ( Referred CIT v. Delight Enterprises (ITA \u00a0No. 110 \/2009 dt dt.26 -2 -2009 ( Bom) (HC), <a href=\"http:\/\/www.itatonline.org\">www.itatonline.org<\/a> \u00a0\u00a0Tata Industries Ltd v.ITO ( 2016) 181 TTJ 600 (Mum) (Trib) , Goetzge(India ) Ltd v. CIT ( 2006 284 ITR 323 (SC), CIT v. V.MR .P. Firm ( 1965) 56 ITR 67 (SC)\u00a0 Shelly products\u00a0 (2003 ) 129 taxman 271 (SC)\u00a0 CBDT Circular No 14 (XL-35 of 1953 dt 11-4 -1955) \u00a0\u00a0\u00a0( ITA No. 497\/Mum\/2019 and cross objection dt 5 -10 -2020) (AY. 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 253 : Appellate Tribunal \u2013 Cross objection- Ground can be raised for the first time which was not taken even in an appeal before CIT(A) [ S.14A, 254(1)  R.8D ,Form 36A , Code of Civil Procedure , 1908 ,  Order, 9 , Rule, 3  ]<\/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-14584","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3Ne","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14584","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=14584"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14584\/revisions"}],"predecessor-version":[{"id":14585,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14584\/revisions\/14585"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=14584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=14584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=14584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}