{"id":18542,"date":"2021-05-25T11:24:53","date_gmt":"2021-05-25T05:54:53","guid":{"rendered":"https:\/\/itatonline.org\/digest\/nitesh-estates-ltd-v-dy-cit-2021-85-itr-421-bang-trib\/"},"modified":"2021-05-25T11:24:53","modified_gmt":"2021-05-25T05:54:53","slug":"nitesh-estates-ltd-v-dy-cit-2021-85-itr-421-bang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/nitesh-estates-ltd-v-dy-cit-2021-85-itr-421-bang-trib\/","title":{"rendered":"Nitesh Estates Ltd. v. Dy. CIT (2021) 85 ITR 421 (Bang.)(Trib.)"},"content":{"rendered":"<p>Tribunal held that disallowance cannot exceed exempt income and when investment was made from own funds no disallowance can be made.\u00a0 (AY.\u00a0 A2010-11 to 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure-Exempt income-Disallowance cannot exceed exempt income-Investment  from 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-18542","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4P4","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18542","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=18542"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18542\/revisions"}],"predecessor-version":[{"id":18543,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18542\/revisions\/18543"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=18542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=18542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}