{"id":17427,"date":"2021-05-01T14:18:06","date_gmt":"2021-05-01T08:48:06","guid":{"rendered":"https:\/\/itatonline.org\/digest\/biocon-ltd-v-dy-cit2021-431-itr-326-karnhc\/"},"modified":"2022-01-16T16:16:59","modified_gmt":"2022-01-16T10:46:59","slug":"biocon-ltd-v-dy-cit2021-431-itr-326-karnhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/biocon-ltd-v-dy-cit2021-431-itr-326-karnhc\/","title":{"rendered":"Biocon Ltd v. Dy. CIT(2021) 431 ITR 326 \/ 202 DTR 364\/ 278 Taxman 121 \/ 321 CTR 452 (Karn)(HC)"},"content":{"rendered":"<p>Court held that when there is no exempt income has accrued to the assessee, the provisions of section\u00a014A\u00a0of the Act are not attracted, and no disallowance can be made under the provision.( AY. 2004-05)<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure &#8211; Exempt -No exempt income \u2014 Disallowance is  not justified. [ 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-17427","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4x5","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17427","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=17427"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17427\/revisions"}],"predecessor-version":[{"id":24105,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17427\/revisions\/24105"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=17427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=17427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=17427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}