{"id":15599,"date":"2021-03-11T15:03:31","date_gmt":"2021-03-11T09:33:31","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-ajit-ramakant-phatarpekar-2020-429-itr-319-196-dtr-296-bom-hc-pcit-v-neelam-ajit-phatarpekar-2020-429-itr-319-196-dtr-296-bom-hc\/"},"modified":"2021-03-11T15:03:31","modified_gmt":"2021-03-11T09:33:31","slug":"pcit-v-ajit-ramakant-phatarpekar-2020-429-itr-319-196-dtr-296-bom-hc-pcit-v-neelam-ajit-phatarpekar-2020-429-itr-319-196-dtr-296-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-ajit-ramakant-phatarpekar-2020-429-itr-319-196-dtr-296-bom-hc-pcit-v-neelam-ajit-phatarpekar-2020-429-itr-319-196-dtr-296-bom-hc\/","title":{"rendered":"PCIT v. Ajit Ramakant Phatarpekar (2020) 429 ITR 319 \/ 196 DTR 296 (Bom.)(HC) PCIT v. Neelam Ajit Phatarpekar (2020) 429 ITR 319 \/ 196 DTR 296 (Bom.)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that\u00a0 Disallowance cannot exceed exempt income earned. Followed,\u00a0 Nirved Traders Pvt. Ltd. v. Dy. CIT \u00a0<a href=\"http:\/\/www.taxlawsonline.com\/%5b2020%5d%20421%20ITR%200142\">(2020)421 ITR 142<\/a>\u00a0(Bom.)(HC).\u00a0 (AY. 2002-03)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure-Exempt income-Disallowance cannot exceed exempt income earned. [R. 8D] <\/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-15599","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-43B","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15599","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=15599"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15599\/revisions"}],"predecessor-version":[{"id":15600,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15599\/revisions\/15600"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=15599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=15599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=15599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}