{"id":35665,"date":"2023-08-24T15:51:42","date_gmt":"2023-08-24T10:21:42","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-j-k-fenner-india-ltd-2022-220-ttj-595-chennaitrib\/"},"modified":"2023-08-24T15:51:42","modified_gmt":"2023-08-24T10:21:42","slug":"acit-v-j-k-fenner-india-ltd-2022-220-ttj-595-chennaitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-j-k-fenner-india-ltd-2022-220-ttj-595-chennaitrib\/","title":{"rendered":"ACIT v. J. K. Fenner (India) Ltd. (2022) 220 TTJ 595 (Chennai)(Trib)"},"content":{"rendered":"<p>Held that the AO has not recorded any finding to establish nexus of borrowed funds with the investments made by the assessee, no disallowance of interest could be made\u00a0 as satisfaction was not recorded.\u00a0 (AY.\u00a0 2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure-Exempt income-Apportionment of interest-Not recording of satisfaction. [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-35665","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9hf","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35665","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=35665"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35665\/revisions"}],"predecessor-version":[{"id":35666,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35665\/revisions\/35666"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=35665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=35665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=35665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}