{"id":30907,"date":"2022-12-07T10:33:45","date_gmt":"2022-12-07T05:03:45","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-uti-bank-ltd-2022447-itr-662-sc-editorial-decision-in-cit-v-uti-bank-ltd-2014-2-itr-ol-366-gujhc-affirmed\/"},"modified":"2023-02-05T08:57:14","modified_gmt":"2023-02-05T03:27:14","slug":"cit-v-uti-bank-ltd-2022447-itr-662-sc-editorial-decision-in-cit-v-uti-bank-ltd-2014-2-itr-ol-366-gujhc-affirmed","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-uti-bank-ltd-2022447-itr-662-sc-editorial-decision-in-cit-v-uti-bank-ltd-2014-2-itr-ol-366-gujhc-affirmed\/","title":{"rendered":"CIT v. UTI Bank Ltd. (2022)447 ITR 662 \/ 219 DTR 528 \/ 329 CTR 597  \/ 289 Taxman 238 (SC) Editorial : Decision in CIT v. UTI Bank Ltd (2014) 2 ITR-OL 366 (Guj)(HC), affirmed."},"content":{"rendered":"<p>Dismissing the appeal of the Revenue the Court held that without giving a finding as to how much administrative expenditure had been incurred to earn the exempt income, disallowance is not justified. Followed South Indian Bank Ltd. v. CIT (2021) 438 ITR 1 \/\u00a0283 Taxman 178 (SC). (AY.2003-04)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure-Exempt income-Without giving finding how much administrative expenditure incurred to earn exempt income-Disallowance not Justified. [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-30907","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-82v","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/30907","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=30907"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/30907\/revisions"}],"predecessor-version":[{"id":32449,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/30907\/revisions\/32449"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=30907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=30907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=30907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}