{"id":2955,"date":"2018-11-22T10:28:03","date_gmt":"2018-11-22T10:28:03","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-kanoria-sugar-and-general-manufacturing-co-ltd-2018-407-itr-737-raj-hc-editorial-slp-of-revenue-is-dismissed-cit-v-kanoria-sugar-and-general-manufacturing-co-ltd-2018-405-itr-1-2\/"},"modified":"2018-11-22T10:28:03","modified_gmt":"2018-11-22T10:28:03","slug":"cit-v-kanoria-sugar-and-general-manufacturing-co-ltd-2018-407-itr-737-raj-hc-editorial-slp-of-revenue-is-dismissed-cit-v-kanoria-sugar-and-general-manufacturing-co-ltd-2018-405-itr-1-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-kanoria-sugar-and-general-manufacturing-co-ltd-2018-407-itr-737-raj-hc-editorial-slp-of-revenue-is-dismissed-cit-v-kanoria-sugar-and-general-manufacturing-co-ltd-2018-405-itr-1-2\/","title":{"rendered":"CIT v. Kanoria Sugar And General Manufacturing Co. Ltd. (2018)  407 ITR 737 (Raj) (HC) Editorial: SLP of revenue is dismissed; CIT v. Kanoria Sugar And General Manufacturing Co. Ltd. (2018) 405 ITR 1 ( St)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that ;amount borrowed\u00a0 was utilised for purchase of capital assets. Interest is deductible .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 36(1)(iii) :Interest on borrowed capital -Amount borrowed utilised for purchase of capital assets \u2014  Interest is deductible .<\/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-2955","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-LF","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2955","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=2955"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2955\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=2955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=2955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=2955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}