{"id":47850,"date":"2024-11-16T19:11:23","date_gmt":"2024-11-16T13:41:23","guid":{"rendered":"https:\/\/itatonline.org\/digest\/chandhok-cold-storage-p-ltd-v-ito-2024-204-itd-17-227-ttj-744-smc-raipurtrib\/"},"modified":"2024-11-16T19:11:23","modified_gmt":"2024-11-16T13:41:23","slug":"chandhok-cold-storage-p-ltd-v-ito-2024-204-itd-17-227-ttj-744-smc-raipurtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/chandhok-cold-storage-p-ltd-v-ito-2024-204-itd-17-227-ttj-744-smc-raipurtrib\/","title":{"rendered":"Chandhok Cold Storage (P.) Ltd. v. ITO (2024) 204 ITD 17 \/ 227 TTJ 744 (SMC) (Raipur)(Trib.)"},"content":{"rendered":"<p>Held that\u00a0 interest income was earned by assessee on fund which was temporarily parked\/deposited with banks as fixed deposits prior to commencement of its business, it was in nature of a capital receipt and is required to be set off against pre-operative expenses.\u00a0 (AY. 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 4 : Charge of income-tax-Interest income-Temporarily parked \/ deposited with banks on fixed deposits-Prior to commencement of business-Capital receipt-Required to be  set off against pre-operative expenses. [S. 145]  <\/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-47850","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-crM","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47850","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=47850"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47850\/revisions"}],"predecessor-version":[{"id":47851,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47850\/revisions\/47851"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=47850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=47850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=47850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}