{"id":2998,"date":"2018-11-30T04:53:20","date_gmt":"2018-11-30T04:53:20","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-basti-sugar-mills-co-ltd-2018-408-itr-184-delhi-hc\/"},"modified":"2018-12-25T08:26:32","modified_gmt":"2018-12-25T08:26:32","slug":"cit-v-basti-sugar-mills-co-ltd-2018-408-itr-184-delhi-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-basti-sugar-mills-co-ltd-2018-408-itr-184-delhi-hc\/","title":{"rendered":"CIT v. Basti Sugar Mills Co. Ltd.  (2018) 408 ITR 184 \/ 259 Taxman 97(Delhi) (HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that, Advances made to sister concerns from own funds accordingly,\u00a0 no disallowances can be made .Followed S.A. Builders Ltd v. CIT ( 2007) 288 ITR 1 (SC) <strong>\u00a0<\/strong>( AY.1999-2000)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 36(1)(iii) :Interest on borrowed capital \u2013 Advances made to sister concerns from own funds \u2013 No disallowances can be made .[ S.37(1) ]<\/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-2998","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-Mm","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2998","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=2998"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2998\/revisions"}],"predecessor-version":[{"id":3350,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2998\/revisions\/3350"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=2998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=2998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=2998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}