{"id":30082,"date":"2022-10-04T12:12:51","date_gmt":"2022-10-04T06:42:51","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-j-j-glastronics-pvt-ltd-2022-446-itr-712-karn-hc\/"},"modified":"2022-10-04T12:12:51","modified_gmt":"2022-10-04T06:42:51","slug":"pcit-v-j-j-glastronics-pvt-ltd-2022-446-itr-712-karn-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-j-j-glastronics-pvt-ltd-2022-446-itr-712-karn-hc\/","title":{"rendered":"PCIT v. J. J. Glastronics Pvt. Ltd. (2022) 446 ITR 712 (Karn.)(HC)"},"content":{"rendered":"<p>Held that amounts disallowed under section\u00a014A\u00a0cannot be added to the book profits computed under section\u00a0115JB. Court also held that the invoking of section\u00a0154\u00a0would be untenable when there is no mistake apparent on the face of the record, i. e., when the matter requires adjudication upon an issue which is a debatable issue. (AY. 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 154 : Rectification of mistake-Book profits-Amounts disallowed under Section 14A cannot be added back to book profits-Debatable issue rectification order is not valid. [S. 14A, 115JB]   <\/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-30082","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7Pc","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/30082","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=30082"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/30082\/revisions"}],"predecessor-version":[{"id":30083,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/30082\/revisions\/30083"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=30082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=30082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=30082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}