{"id":22536,"date":"2021-11-14T12:30:37","date_gmt":"2021-11-14T07:00:37","guid":{"rendered":"https:\/\/itatonline.org\/digest\/karnataka-state-industrial-and-infrastructure-development-corporation-ltd-v-dy-cit-2021-281-taxman-312-karn-hc\/"},"modified":"2021-11-14T12:30:37","modified_gmt":"2021-11-14T07:00:37","slug":"karnataka-state-industrial-and-infrastructure-development-corporation-ltd-v-dy-cit-2021-281-taxman-312-karn-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/karnataka-state-industrial-and-infrastructure-development-corporation-ltd-v-dy-cit-2021-281-taxman-312-karn-hc\/","title":{"rendered":"Karnataka State Industrial and Infrastructure Development Corporation Ltd v. Dy. CIT (2021) 281 Taxman 312 (Karn.) ( HC)"},"content":{"rendered":"<p>Disallowance of expenditure made under section 14A could not be added for purpose of computing book profits . Reduction of provision for bad and doubtful debt written back credited to profit and loss account of assessee could not be added for purpose of computing book profit . ( AY. 2008 -09 )<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 115JB :  Book profit &#8211; Exempt income &#8211;   Disallowance of expenditure made under section \u2013 No addition can be made while computing book profits-Reduction of provision for bad and doubtful debt written back- Addition cannot be made  for purpose of computing book profit .    [ S.14A, 36( 1) (vii)  ] <\/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-22536","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5Ru","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22536","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=22536"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22536\/revisions"}],"predecessor-version":[{"id":22537,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22536\/revisions\/22537"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=22536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=22536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=22536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}