{"id":16261,"date":"2021-04-03T14:37:07","date_gmt":"2021-04-03T09:07:07","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-padma-logistics-khanij-p-ltd-2020-81-itr-61-183-itd-891-kol-trib\/"},"modified":"2021-09-23T06:28:57","modified_gmt":"2021-09-23T00:58:57","slug":"acit-v-padma-logistics-khanij-p-ltd-2020-81-itr-61-183-itd-891-kol-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-padma-logistics-khanij-p-ltd-2020-81-itr-61-183-itd-891-kol-trib\/","title":{"rendered":"ACIT v. Padma Logistics &#038; Khanij (P.) Ltd. (2020) 81 ITR 61 \/ 183 ITD 891\/ 208 TTJ 67  (Kol.)(Trib.)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Tribunal held that since assessee was having a common fund consisting of both own funds and borrowed funds and in case own funds were sufficient to invest in non-business activities, a presumption was to be drawn that said investment was made out of own funds and no disallowance in this regard was to be made. (AY. 2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure-Exempt income-Own funds are more than investments-Presumption that investment was made out of own funds-No disallowance can be made. [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-16261","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4eh","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16261","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=16261"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16261\/revisions"}],"predecessor-version":[{"id":21625,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16261\/revisions\/21625"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=16261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=16261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=16261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}