{"id":18062,"date":"2021-05-10T17:29:00","date_gmt":"2021-05-10T11:59:00","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-ashok-agarwal-huf-2020-84-itr-54-207-ttj-608-jaipurtrib\/"},"modified":"2021-05-10T17:29:00","modified_gmt":"2021-05-10T11:59:00","slug":"cit-v-ashok-agarwal-huf-2020-84-itr-54-207-ttj-608-jaipurtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-ashok-agarwal-huf-2020-84-itr-54-207-ttj-608-jaipurtrib\/","title":{"rendered":"CIT v. Ashok Agarwal (HUF) (2020) 84 ITR 54 \/ 207 TTJ 608 (Jaipur)(Trib.)"},"content":{"rendered":"<p>Tribunal held that once the unsecured interest-free loan amount was more than the advances given to those parties, the disallowance of interest was not justified.(AY.2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 40A(2) : Expenses or payments not deductible-Excessive  or unreasonable-Interest free  funds-Advance of loan-No disallowance can be made. <\/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-18062","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4Hk","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18062","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=18062"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18062\/revisions"}],"predecessor-version":[{"id":18063,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18062\/revisions\/18063"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=18062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=18062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}