{"id":35643,"date":"2023-08-24T15:42:53","date_gmt":"2023-08-24T10:12:53","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dy-cit-v-kanoria-chemicals-industries-ltd-2022-215-ttj-1003-koltrib\/"},"modified":"2023-08-24T15:42:53","modified_gmt":"2023-08-24T10:12:53","slug":"dy-cit-v-kanoria-chemicals-industries-ltd-2022-215-ttj-1003-koltrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-kanoria-chemicals-industries-ltd-2022-215-ttj-1003-koltrib\/","title":{"rendered":"Dy. CIT v. Kanoria Chemicals &#038; Industries Ltd. (2022) 215 TTJ 1003 (Kol)(Trib)"},"content":{"rendered":"<p>Held that the loan taken by the assessee was to a\u00a0 specific purposes and the assessee had sufficient own funds in the form\u00a0 of\u00a0 share capital and surplus funds to make the investments. The disallowance was directed to be made only in respect of interest payments from investments which the dividend income was earned. (AY. 2012-13)<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure-Exempt income-Disallowance can be made only in respect of interest payments from those  investments which the dividend income was earned.[R.8D(2)(iii)] <\/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-35643","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9gT","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35643","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=35643"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35643\/revisions"}],"predecessor-version":[{"id":35644,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35643\/revisions\/35644"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=35643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=35643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=35643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}