{"id":16253,"date":"2021-04-03T14:32:04","date_gmt":"2021-04-03T09:02:04","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-pnb-gilts-ltd-2020-81-itr-224-183-itd-111-delhi-trib\/"},"modified":"2021-04-03T14:32:04","modified_gmt":"2021-04-03T09:02:04","slug":"acit-v-pnb-gilts-ltd-2020-81-itr-224-183-itd-111-delhi-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-pnb-gilts-ltd-2020-81-itr-224-183-itd-111-delhi-trib\/","title":{"rendered":"ACIT v. PNB Gilts Ltd. (2020) 81 ITR 224 \/ 183 ITD 111 (Delhi) (Trib.)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Tribunal held that on the facts of the case\u00a0 the assessee received dividend income from investment including shares which were held as stock-in-trade, if entire investment in assets yielding exempt income had been made out of interest free own funds, then no disallowance would be called for under rule 8D(2)(<em>ii<\/em>) of the Rules.\u00a0 (AY. 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure-Exempt income-Investment from interest free own funds-No disallowance can be made. [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-16253","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4e9","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16253","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=16253"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16253\/revisions"}],"predecessor-version":[{"id":16254,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16253\/revisions\/16254"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=16253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=16253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=16253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}