{"id":18641,"date":"2021-05-26T11:32:09","date_gmt":"2021-05-26T06:02:09","guid":{"rendered":"https:\/\/itatonline.org\/digest\/tirupati-procon-pvt-ltd-v-ito-2021-85-itr-76-sndelhi-trib\/"},"modified":"2021-05-26T11:32:09","modified_gmt":"2021-05-26T06:02:09","slug":"tirupati-procon-pvt-ltd-v-ito-2021-85-itr-76-sndelhi-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/tirupati-procon-pvt-ltd-v-ito-2021-85-itr-76-sndelhi-trib\/","title":{"rendered":"Tirupati Procon Pvt. Ltd. v. ITO (2021) 85 ITR 76 (SN)(Delhi) (Trib)"},"content":{"rendered":"<p>Tribunal held that borrowed funds used\u00a0 for investment in shares for business purposes is\u00a0 allowable as deduction. <em>(<\/em> AY.2016-17)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 36(1)(iii) :Interest on borrowed capital -Borrowed funds used  for investment in shares for business purposes \u2014Allowable as deduction [ S.37 (1) ] <\/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-18641","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4QF","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18641","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=18641"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18641\/revisions"}],"predecessor-version":[{"id":18642,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18641\/revisions\/18642"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=18641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=18641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}