{"id":17429,"date":"2021-05-01T14:19:40","date_gmt":"2021-05-01T08:49:40","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-envestor-ventures-ltd-2021-431-itr-221-madhc\/"},"modified":"2021-07-18T10:46:29","modified_gmt":"2021-07-18T05:16:29","slug":"pcit-v-envestor-ventures-ltd-2021-431-itr-221-madhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-envestor-ventures-ltd-2021-431-itr-221-madhc\/","title":{"rendered":"PCIT v. Envestor Ventures Ltd. (2021) 431 ITR 221 \/ 278 Taxman 377(Mad)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held\u00a0 that the Tribunal was right in restricting the disallowance under section 14A of the Act to the extent of exempt income earned during the previous year relevant to the assessment year 2015-16.( AY. 2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure &#8211; Exempt income -Disallowance Cannot exceed exempt  income .[ 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-17429","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4x7","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17429","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=17429"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17429\/revisions"}],"predecessor-version":[{"id":20266,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17429\/revisions\/20266"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=17429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=17429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=17429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}