{"id":3815,"date":"2019-01-30T12:29:02","date_gmt":"2019-01-30T12:29:02","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-ludhiana-central-co-op-bank-ltd-2018-305-ctr-868-172-dtr-1-2019-410-itr-72-phhc\/"},"modified":"2019-01-30T12:29:02","modified_gmt":"2019-01-30T12:29:02","slug":"pcit-v-ludhiana-central-co-op-bank-ltd-2018-305-ctr-868-172-dtr-1-2019-410-itr-72-phhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-ludhiana-central-co-op-bank-ltd-2018-305-ctr-868-172-dtr-1-2019-410-itr-72-phhc\/","title":{"rendered":"PCIT  v. Ludhiana Central Co-Op. Bank Ltd ( 2018) 305 CTR 868\/ 172 DTR 1  (2019) 410 ITR 72 (P&#038;H)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that,interest on non -performing assets though shown in books as per\u00a0 RBI guidelines,\u00a0\u00a0 interest\u00a0which has not accrued is held to be not assessable .( AY.2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 43D : Public financial institutions -Real income- Co -Operative Bank \u2013 Interest on non -performing assets -Shown in books as per  RBI guidelines \u2013 Interest not accrued- Not assessable [ S.4 , 5, 145, RBI Act, 1934, S. 45Q ]<\/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-3815","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-Zx","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3815","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=3815"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3815\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}