{"id":39695,"date":"2024-03-01T16:45:34","date_gmt":"2024-03-01T11:15:34","guid":{"rendered":"https:\/\/itatonline.org\/digest\/beekons-industries-ltd-v-cit-2023456-itr-431-phhc\/"},"modified":"2024-03-01T16:45:34","modified_gmt":"2024-03-01T11:15:34","slug":"beekons-industries-ltd-v-cit-2023456-itr-431-phhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/beekons-industries-ltd-v-cit-2023456-itr-431-phhc\/","title":{"rendered":"Beekons Industries Ltd. v CIT (2023)456 ITR 431 (P&#038;H)(HC)"},"content":{"rendered":"<p>On appeal the Court held that Tribunal decided on the basis of Judgement of High Court. High Court judgement is\u00a0 overruled by Supreme Court. High Court directed the Assessing Officer\u00a0 to recompute the disallowance in line with Supreme Court judgement (AY.2006-07)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 36(1)(iii) : Interest on borrowed capital-Tribunal deciding on the basis of Judgement of High Court-High Court judgement is    overruled by Supreme Court-Directed to recompute the disallowance in line with Supreme Court judgement.[S. 260A] <\/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-39695","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-akf","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39695","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=39695"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39695\/revisions"}],"predecessor-version":[{"id":39696,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39695\/revisions\/39696"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=39695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=39695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=39695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}