{"id":1617,"date":"2018-07-05T10:16:13","date_gmt":"2018-07-05T10:16:13","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-ahmedabad-strips-p-ltd-2018-64-itr-683-ahd-trib-4\/"},"modified":"2018-07-05T10:16:13","modified_gmt":"2018-07-05T10:16:13","slug":"cit-v-ahmedabad-strips-p-ltd-2018-64-itr-683-ahd-trib-4","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-ahmedabad-strips-p-ltd-2018-64-itr-683-ahd-trib-4\/","title":{"rendered":"CIT  v.  Ahmedabad Strips P. Ltd. (2018) 64 ITR  683 (Ahd) (Trib)"},"content":{"rendered":"<p>Tribunal held that,\u00a0 payment of interest on unsecured loans at rates between 15 % an 18% can not be held to be excessive , hence no disallowance can be made . ( AY.2010-11, 2011-12)\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 40A(2): Expenses or payments not deductible \u2013 Excessive  or unreasonable -Payment of interest on unsecured loans at rates between 15 % an 18% can not be held to be excessive.<\/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":[1],"tags":[],"class_list":["post-1617","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-q5","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1617","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=1617"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1617\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=1617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=1617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=1617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}