{"id":19050,"date":"2021-06-07T12:14:20","date_gmt":"2021-06-07T06:44:20","guid":{"rendered":"https:\/\/itatonline.org\/digest\/marg-ltd-v-cit-2020-275-taxman-502-mad-hc\/"},"modified":"2021-06-07T12:14:20","modified_gmt":"2021-06-07T06:44:20","slug":"marg-ltd-v-cit-2020-275-taxman-502-mad-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/marg-ltd-v-cit-2020-275-taxman-502-mad-hc\/","title":{"rendered":"Marg Ltd. v. CIT (2020) 275 Taxman 502 (Mad.)(HC)"},"content":{"rendered":"<p>Allowing the appeal of the revenue the Court held that disallowance under rule 8D read with section 14A can never exceed exempted. Court also held that\u00a0 recording of satisfaction is mandatory. (AYs. 2009-10 to 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure-Exempt income-Recording of satisfaction is mandatory-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-19050","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4Xg","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/19050","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=19050"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/19050\/revisions"}],"predecessor-version":[{"id":19051,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/19050\/revisions\/19051"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=19050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=19050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=19050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}