{"id":32045,"date":"2023-01-21T07:34:14","date_gmt":"2023-01-21T02:04:14","guid":{"rendered":"https:\/\/itatonline.org\/digest\/kanakadurga-agro-oil-prodcuts-ltd-v-acit-2022-the-chambers-journal-december-p-86-ap-hc\/"},"modified":"2023-01-21T07:34:14","modified_gmt":"2023-01-21T02:04:14","slug":"kanakadurga-agro-oil-prodcuts-ltd-v-acit-2022-the-chambers-journal-december-p-86-ap-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/kanakadurga-agro-oil-prodcuts-ltd-v-acit-2022-the-chambers-journal-december-p-86-ap-hc\/","title":{"rendered":"Kanakadurga Agro Oil Prodcuts Ltd v. ACIT ( 2022) The Chamber\u2019s Journal -December -P. 86 ( AP)( HC)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Court held that interest received on delayed payments for the goods sold is profits and gains from business hence entitle to exemption .( ITA No. 793 of 2006 dt . 26 -9 -2022\u00a0 (AY. 1997 -98)<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80I : Industrial undertakings \u2013 Income derived \u2013 Interest received from customers for delay  in payment of sale consideration \u2013 Entitle to exemption . <\/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-32045","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8kR","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32045","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=32045"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32045\/revisions"}],"predecessor-version":[{"id":32046,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32045\/revisions\/32046"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=32045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=32045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=32045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}