{"id":37237,"date":"2023-09-06T22:22:37","date_gmt":"2023-09-06T16:52:37","guid":{"rendered":"https:\/\/itatonline.org\/digest\/badrunisha-smt-v-acit-2022-220-ttj-983-220-dtr-338-jodhpurtrib\/"},"modified":"2023-09-06T22:22:37","modified_gmt":"2023-09-06T16:52:37","slug":"badrunisha-smt-v-acit-2022-220-ttj-983-220-dtr-338-jodhpurtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/badrunisha-smt-v-acit-2022-220-ttj-983-220-dtr-338-jodhpurtrib\/","title":{"rendered":"Badrunisha (Smt.) v. ACIT (2022) 220 TTJ 983 \/ 220 DTR 338 (Jodhpur)(Trib.)"},"content":{"rendered":"<p>Held that, the definition of interest in S. 2(28A) uses the expression \u201cservice fee or other charge\u201d, the loan processing fee cannot qualify as &#8220;interest&#8221; within the meaning of S. 2(28A). PCIT is\u00a0 not justified in initiating revision proceedings on the ground that the AO has not made disallowance under s. 40(a)(ia) in respect of the loan processing fee paid by the assessee without deducting TDS.\u00a0 Revision order was quashed. (AY. 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 263 : Commissioner-Revision of orders prejudicial to revenue-Interest-loan processing fees are not in respect of money borrowed or debt incurred, such loan processing fees cannot qualify as \u201cinterest\u201d as defined u\/s 2(28A) of the Act-Revision is not valid [S. 2(28A)) 40(a)(ia)] <\/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-37237","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9GB","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/37237","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=37237"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/37237\/revisions"}],"predecessor-version":[{"id":37238,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/37237\/revisions\/37238"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=37237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=37237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=37237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}