{"id":29229,"date":"2022-08-30T10:09:04","date_gmt":"2022-08-30T04:39:04","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-karnataka-state-financial-corporation-ltd-2021-127-taxmann-com-115-karn-hc-editorial-notice-issued-in-slp-filed-against-order-of-high-court-pcit-v-karnataka-state-financial-corporat\/"},"modified":"2022-08-30T10:09:04","modified_gmt":"2022-08-30T04:39:04","slug":"pcit-v-karnataka-state-financial-corporation-ltd-2021-127-taxmann-com-115-karn-hc-editorial-notice-issued-in-slp-filed-against-order-of-high-court-pcit-v-karnataka-state-financial-corporat","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-karnataka-state-financial-corporation-ltd-2021-127-taxmann-com-115-karn-hc-editorial-notice-issued-in-slp-filed-against-order-of-high-court-pcit-v-karnataka-state-financial-corporat\/","title":{"rendered":"PCIT v. Karnataka State Financial Corporation Ltd. (2021) 127 taxmann.com 115 (Karn.)(HC) Editorial : Notice issued in SLP filed against order of High Court, PCIT v. Karnataka State Financial Corporation Ltd. (2022) 286 Taxman 356 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the Revenue the Court held that only expenses proportionate to earning of exempt income could be disallowed.\u00a0 (AY. 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.14A : Disallowance of expenditure-Exempt income-Only expenses proportionate to earning of exempt income could be disallowed [R. 8D] <\/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-29229","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7Br","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/29229","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=29229"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/29229\/revisions"}],"predecessor-version":[{"id":29230,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/29229\/revisions\/29230"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=29229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=29229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=29229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}