{"id":43642,"date":"2024-06-14T14:24:59","date_gmt":"2024-06-14T08:54:59","guid":{"rendered":"https:\/\/itatonline.org\/digest\/west-bengal-power-development-corporation-ltd-v-dy-cit-2023102-itr-453-koltrib-2\/"},"modified":"2024-06-14T14:24:59","modified_gmt":"2024-06-14T08:54:59","slug":"west-bengal-power-development-corporation-ltd-v-dy-cit-2023102-itr-453-koltrib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/west-bengal-power-development-corporation-ltd-v-dy-cit-2023102-itr-453-koltrib-2\/","title":{"rendered":"West Bengal Power Development Corporation Ltd. v.Dy. CIT (2023)102 ITR 453 (Kol)(Trib)"},"content":{"rendered":"<p>Held that though\u00a0 the interest accrued was not paid before the due date for filing the return of income under section\u00a0139(1)\u00a0of the Act. However, the amount of interest accrued which became payable was in fact capitalised to capital work-in-progress and was never charged to the profit and loss account. The provisions of section\u00a043B\u00a0of the Act were thus not applicable. The addition was to be deleted..<em>(<\/em>AY. 2007-08, 2009-10, 2012-13, 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.43B: Deductions on actual payment-Interest capitalised and not charged to profits-Work in progress-Disallowance could not be made. [S.37(1), 139(1)] <\/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-43642","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-blU","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43642","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=43642"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43642\/revisions"}],"predecessor-version":[{"id":43643,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43642\/revisions\/43643"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=43642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=43642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=43642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}