{"id":18673,"date":"2021-05-26T12:02:54","date_gmt":"2021-05-26T06:32:54","guid":{"rendered":"https:\/\/itatonline.org\/digest\/amanora-future-towers-p-ltd-v-dy-cit-202185-itr-16-trib-snpune-trib\/"},"modified":"2021-05-26T12:02:54","modified_gmt":"2021-05-26T06:32:54","slug":"amanora-future-towers-p-ltd-v-dy-cit-202185-itr-16-trib-snpune-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/amanora-future-towers-p-ltd-v-dy-cit-202185-itr-16-trib-snpune-trib\/","title":{"rendered":"Amanora Future Towers P. Ltd. v. Dy. CIT (2021)85 ITR 16 (Trib) (SN)(Pune) (Trib)"},"content":{"rendered":"<p>Tribunal held that\u00a0 the debentures issued by the assessee-company qualified as equity share capital and therefore, the debenture interest was allowable as deduction from the arm\u2019s length price. Followed , Kolte Patil Developers Ltd. v. Dy.CIT\u00a0 (I. T. A. Nos. 1980 and 2111\/Pun\/2017 dated December 8, 2020). Matter remanded for verification .( AY.2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing \u2013 Arm\u2019s length price -Interest on debentures \u2014Equity and not debt \u2014 Deduction allowable \u2014 Matter  remanded   [ S.92CA ] <\/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-18673","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4Rb","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18673","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=18673"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18673\/revisions"}],"predecessor-version":[{"id":18674,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18673\/revisions\/18674"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=18673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=18673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}