{"id":41662,"date":"2024-04-26T10:04:01","date_gmt":"2024-04-26T04:34:01","guid":{"rendered":"https:\/\/itatonline.org\/digest\/hero-corporate-service-pvt-ltd-v-dy-cit-2023101-itr-77-sndelhi-trib-2\/"},"modified":"2024-04-26T10:04:01","modified_gmt":"2024-04-26T04:34:01","slug":"hero-corporate-service-pvt-ltd-v-dy-cit-2023101-itr-77-sndelhi-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/hero-corporate-service-pvt-ltd-v-dy-cit-2023101-itr-77-sndelhi-trib-2\/","title":{"rendered":"Hero Corporate Service Pvt. Ltd. v Dy. CIT (2023)101 ITR 77 (SN)(Delhi) (Trib)"},"content":{"rendered":"<p>Held that the disallowance under section\u00a014A\u00a0cannot exceed exempt income and in view of the fact that the disallowance made under section\u00a014A\u00a0read with rule\u00a08D\u00a0was much in excess of the exempt income, the Assessing Officer was to restrict the disallowance under section\u00a014A\u00a0read with rule\u00a08D\u00a0to the extent of exempt income earned by the assessee. (AY. 2013-14, 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure-Exempt income \u2013 Disallowance cannot exceed exempt income-A.O. to restrict allowance accordingly. [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":[21],"tags":[],"class_list":["post-41662","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-aPY","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41662","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=41662"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41662\/revisions"}],"predecessor-version":[{"id":41663,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41662\/revisions\/41663"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=41662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=41662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=41662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}