{"id":1949,"date":"2018-08-07T10:03:34","date_gmt":"2018-08-07T10:03:34","guid":{"rendered":"http:\/\/itatonline.org\/digest\/manipal-health-systems-p-ltd-v-acit-2018-65-itr-51-sn-bang-trib-2\/"},"modified":"2018-08-07T10:03:34","modified_gmt":"2018-08-07T10:03:34","slug":"manipal-health-systems-p-ltd-v-acit-2018-65-itr-51-sn-bang-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/manipal-health-systems-p-ltd-v-acit-2018-65-itr-51-sn-bang-trib-2\/","title":{"rendered":"Manipal Health Systems P. Ltd.  v. ACIT (2018) 65 ITR 51 (SN) (Bang) (Trib)"},"content":{"rendered":"<p>Tribunal held that capital advance made to subsidiary ,restatement of foreign currency loan\u00a0 is capital in nature and not allowable\u00a0 as\u00a0 deduction in view of Accounting Standard, Para 11. ( AY.2009 10 to 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 43A : Rate of exchange &#8211; Foreign currency \u2013 Capital advance made to subsidiary- Notional Loss \u2014 Restatement of foreign currency loan  is capital in nature and not allowable  as  deduction. [Accounting Standard, Para 11.]<\/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":[1],"tags":[],"class_list":["post-1949","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-vr","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1949","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=1949"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1949\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=1949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=1949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=1949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}