{"id":41349,"date":"2024-04-05T12:12:37","date_gmt":"2024-04-05T06:42:37","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-state-bank-of-india-2023-459-itr-497-153-taxmann-com-389-bomhc-editorial-slp-dismissed-pcit-v-state-bank-of-india-2023-294-taxman-428-sc\/"},"modified":"2024-04-05T12:12:37","modified_gmt":"2024-04-05T06:42:37","slug":"pcit-v-state-bank-of-india-2023-459-itr-497-153-taxmann-com-389-bomhc-editorial-slp-dismissed-pcit-v-state-bank-of-india-2023-294-taxman-428-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-state-bank-of-india-2023-459-itr-497-153-taxmann-com-389-bomhc-editorial-slp-dismissed-pcit-v-state-bank-of-india-2023-294-taxman-428-sc\/","title":{"rendered":"PCIT v. State Bank of India (2023) 459 ITR 497 \/ 153 taxmann.com 389 (Bom)(HC) Editorial : SLP dismissed, PCIT v. State Bank of India (2023) 294 Taxman 428 (SC)"},"content":{"rendered":"<p>Held that where the Tribunal remanded the issue of disallowance of interest credited to the interest suspense account to the Assessing Officer with a direction to verify whether the interest credited to the interest suspense account had to be taxed in the year of credit or year of recovery. Order of Tribunal is affirmed.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 4 : Charge of income-tax-Accrual of  income-Interest-Interest credited to interest suspense account-Taxed in earlier year-Written off in the relevant year-Order of Tribunal is affirmed. [S. 145, 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-41349","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-aKV","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41349","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=41349"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41349\/revisions"}],"predecessor-version":[{"id":41350,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41349\/revisions\/41350"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=41349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=41349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=41349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}