{"id":14848,"date":"2021-01-03T16:43:46","date_gmt":"2021-01-03T16:43:46","guid":{"rendered":"https:\/\/itatonline.org\/digest\/piramal-healthcare-ltd-v-dy-cit-202082-itr-47-snmum-trib\/"},"modified":"2021-01-03T16:43:46","modified_gmt":"2021-01-03T16:43:46","slug":"piramal-healthcare-ltd-v-dy-cit-202082-itr-47-snmum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/piramal-healthcare-ltd-v-dy-cit-202082-itr-47-snmum-trib\/","title":{"rendered":"Piramal Healthcare Ltd. v .Dy. CIT (2020)82 ITR 47 (SN)(Mum) (Trib)"},"content":{"rendered":"<p>Tribunal held that when the disallowance of expenses on estimate basis and also on the issue whether allowable as revenue or\u00a0 Capital\u00a0 being a debatable issue, levy of penalty is not justified. Tribunal also held that when the\u00a0 disallowance was deleted , the Levy of penalty is not justified .\u00a0 ( AY.2002-03)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 271(1)(c) : Penalty \u2013 Concealment \u2013 Disallowance of expenses on estimate basis \u2013 Capital or revenue \u2013Debatable issue &#8211;  Levy of penalty is not justified \u2013 Disallowance was deleted -Levy of penalty is not justified .  [ S.14A ]<\/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-14848","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3Ru","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14848","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=14848"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14848\/revisions"}],"predecessor-version":[{"id":14849,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14848\/revisions\/14849"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=14848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=14848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=14848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}