{"id":18750,"date":"2021-05-28T19:30:54","date_gmt":"2021-05-28T14:00:54","guid":{"rendered":"https:\/\/itatonline.org\/digest\/marg-ltd-v-cit-2020-275-taxman-502-195-dtr-409-mad-hc\/"},"modified":"2022-01-20T14:34:34","modified_gmt":"2022-01-20T09:04:34","slug":"marg-ltd-v-cit-2020-275-taxman-502-195-dtr-409-mad-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/marg-ltd-v-cit-2020-275-taxman-502-195-dtr-409-mad-hc\/","title":{"rendered":"Marg Ltd. v. CIT (2020) 275 Taxman 502 \/ 195 DTR 409 \/ (2021) 318 CTR 148(Mad.)(HC)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Court held that\u00a0 recording of satisfaction is mandatory after giving an opportunity of hearing\u00a0 and disallowance cannot exceed exempt income .(AY. 2009-10 to 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure &#8211; Exempt income \u2013 Recording of satisfaction is mandatory after giving an opportunity of hearing -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-18750","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4Sq","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18750","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=18750"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18750\/revisions"}],"predecessor-version":[{"id":24155,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18750\/revisions\/24155"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=18750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=18750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}