{"id":28144,"date":"2022-07-07T16:27:49","date_gmt":"2022-07-07T10:57:49","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-ayshwarya-sea-food-pvt-ltd-2022-441-itr-171-mad-hc\/"},"modified":"2022-07-07T16:27:49","modified_gmt":"2022-07-07T10:57:49","slug":"cit-v-ayshwarya-sea-food-pvt-ltd-2022-441-itr-171-mad-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-ayshwarya-sea-food-pvt-ltd-2022-441-itr-171-mad-hc\/","title":{"rendered":"CIT v. Ayshwarya Sea Food Pvt. Ltd. (2022) 441 ITR 171 (Mad.)(HC)"},"content":{"rendered":"<p>Dismissing the appeal the Court held that that the Commissioner (Appeals) considered the legal issue and found that, what was purchased was undoubtedly a fish or fish product, which would fall within the scope of rule\u00a06DD(f)(iii)\u00a0and if it were so, no disallowance under clause\u00a0(a)\u00a0of sub-section\u00a0(3)\u00a0of section\u00a040A\u00a0shall be made and no payment shall be deemed to be the profits and gains of business or profession under clause\u00a0(b)\u00a0of sub-section\u00a0(3)\u00a0of section\u00a040A. (AY.2002-03)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 40A(3) : Expenses or payments not deductible-Cash payments exceeding prescribed limits-Fish or fish products-Order of Tribunal is affirmed. [R. 6DD(f)(iii)] <\/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-28144","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7jW","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/28144","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=28144"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/28144\/revisions"}],"predecessor-version":[{"id":28145,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/28144\/revisions\/28145"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=28144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=28144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=28144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}