{"id":14788,"date":"2021-01-03T14:42:47","date_gmt":"2021-01-03T14:42:47","guid":{"rendered":"https:\/\/itatonline.org\/digest\/sundaram-business-services-ltd-v-ito-2020-82-itr-12-snchennai-trib\/"},"modified":"2021-01-03T14:42:47","modified_gmt":"2021-01-03T14:42:47","slug":"sundaram-business-services-ltd-v-ito-2020-82-itr-12-snchennai-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/sundaram-business-services-ltd-v-ito-2020-82-itr-12-snchennai-trib\/","title":{"rendered":"Sundaram Business Services Ltd. v . ITO (2020) 82 ITR 12 (SN)(Chennai) (Trib)"},"content":{"rendered":"<p>Tribunal held that\u00a0 own interest-free funds deployed in business much higher than average investment held by\u00a0 assessee during Year. Disallowance not sustainable. \u00a0( AY.2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure &#8211; Exempt income \u2013  Own interest-free funds deployed in business much higher than average investment held by  assessee during Year \u2014 Disallowance not sustainable [ R. 8D (2) (ii) ] <\/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-14788","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3Qw","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14788","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=14788"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14788\/revisions"}],"predecessor-version":[{"id":14789,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14788\/revisions\/14789"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=14788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=14788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=14788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}