{"id":47130,"date":"2024-10-17T12:19:32","date_gmt":"2024-10-17T06:49:32","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-nirma-ltd-2024-299-taxman-180-sc-editorial-cit-v-nirma-ltd-2015-229-taxman-535-gujhc-3\/"},"modified":"2024-10-17T12:19:32","modified_gmt":"2024-10-17T06:49:32","slug":"cit-v-nirma-ltd-2024-299-taxman-180-sc-editorial-cit-v-nirma-ltd-2015-229-taxman-535-gujhc-3","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-nirma-ltd-2024-299-taxman-180-sc-editorial-cit-v-nirma-ltd-2015-229-taxman-535-gujhc-3\/","title":{"rendered":"CIT v. Nirma Ltd. (2024) 299 Taxman 180 (SC) Editorial : CIT v. Nirma Ltd (2015) 229 Taxman 535 (Guj)(HC)"},"content":{"rendered":"<p>High Court\u00a0 held that interest from business debtors was to be included for purpose of calculation of deduction under sections 80HH and 80HHC. Court held that\u00a0 since, tax effect is\u00a0 below threshold limits, Special Leave Petition is dismissed.\u00a0 (AY. 1998-99)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80HHC : Export business-Interest from business debtors-Allowable as deduction-Tax effect is below threshold limits-SLP of Revenue is dismissed. [S. 268A,  Art. 136] <\/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-47130","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cga","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47130","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=47130"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47130\/revisions"}],"predecessor-version":[{"id":47131,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47130\/revisions\/47131"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=47130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=47130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=47130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}