{"id":2234,"date":"2018-09-06T01:03:57","date_gmt":"2018-09-06T01:03:57","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-keerthi-agro-mills-p-ltd-2017-405-itr-192-87-taxmann-com-31-ker-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-keerthi-agro-mills-p-ltd-2018-257-taxman-1-sc\/"},"modified":"2018-09-06T01:03:57","modified_gmt":"2018-09-06T01:03:57","slug":"cit-v-keerthi-agro-mills-p-ltd-2017-405-itr-192-87-taxmann-com-31-ker-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-keerthi-agro-mills-p-ltd-2018-257-taxman-1-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-keerthi-agro-mills-p-ltd-2017-405-itr-192-87-taxmann-com-31-ker-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-keerthi-agro-mills-p-ltd-2018-257-taxman-1-sc\/","title":{"rendered":"CIT v Keerthi Agro Mills (P.) Ltd. ( 2017) 405  ITR 192\/  87 taxmann.com 31 ( Ker) (HC) Editorial: SLP of revenue is dismissed ;PCIT  v. Keerthi Agro Mills (P.) Ltd. (2018) 257 Taxman 1 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that ;Agricultural produce ie. Paddy purchased from the famers by making cash payments exceeding prescribed limits , no disallowance can be made.\u00a0 S.40A(3) is a deeming provision\u00a0 and rule 6DD exempts agricultural\u00a0 produce .\u00a0 ( AY. 2001-02)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 40A(3) :Expenses or payments not deductible &#8211; Cash payments exceeding prescribed limits &#8211; Agricultural produce &#8211; Paddy from  farmers- No disallowance can be made [ R.6DD ]<\/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-2234","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-A2","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2234","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=2234"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2234\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=2234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=2234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=2234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}