{"id":3761,"date":"2019-01-26T03:43:29","date_gmt":"2019-01-26T03:43:29","guid":{"rendered":"http:\/\/itatonline.org\/digest\/magic-share-traders-ltd-dcit-2019-174-itd-230-ahd-trib\/"},"modified":"2019-01-26T03:43:29","modified_gmt":"2019-01-26T03:43:29","slug":"magic-share-traders-ltd-dcit-2019-174-itd-230-ahd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/magic-share-traders-ltd-dcit-2019-174-itd-230-ahd-trib\/","title":{"rendered":"Magic Share Traders Ltd. DCIT (2019) 174 ITD 230 (Ahd)   (Trib.)"},"content":{"rendered":"<p>Tribunal\u00a0 held that\u00a0disallowance cannot exceed the exempt income. On facts the assessee has suo motu disallowed an amount of Rs 135, 183 against dividend income of Rs 6 13, 133 , further disallowance of Rs 5,09 728 made by the AO was directed to be deleted . ( AY.2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure &#8211; Exempt income \u2013 Disallowance cannot exceed the exempt dividend [ 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":[1],"tags":[],"class_list":["post-3761","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-YF","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3761","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=3761"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3761\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}