{"id":21064,"date":"2021-08-11T12:13:10","date_gmt":"2021-08-11T06:43:10","guid":{"rendered":"https:\/\/itatonline.org\/digest\/sobha-developers-ltd-v-dy-citltu-2021-434-itr-266-278-taxman-338-karn-hc\/"},"modified":"2021-08-11T12:13:10","modified_gmt":"2021-08-11T06:43:10","slug":"sobha-developers-ltd-v-dy-citltu-2021-434-itr-266-278-taxman-338-karn-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/sobha-developers-ltd-v-dy-citltu-2021-434-itr-266-278-taxman-338-karn-hc\/","title":{"rendered":"Sobha Developers Ltd. v. Dy.CIT(LTU) (2021) 434 ITR 266 \/ 278 Taxman 338 (Karn.)(HC)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Court held that the disallowance under section\u00a014A\u00a0of the Act is a notional disallowance and therefore, by recourse to section\u00a014A\u00a0of the Act, the amount cannot be added back to the book profits under clause\u00a0(f)\u00a0of Explanation 1 to section\u00a0115JB. (AY.2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 115JB :  Book profit-Amount disallowed u\/s. 14A cannot be included. [S. 14A] <\/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-21064","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5tK","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/21064","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=21064"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/21064\/revisions"}],"predecessor-version":[{"id":21065,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/21064\/revisions\/21065"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=21064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=21064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=21064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}