{"id":48686,"date":"2024-12-01T10:51:41","date_gmt":"2024-12-01T05:21:41","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-osd-v-m-s-khurana-engineering-ltd-2024-206-itd-741-ahd-trib\/"},"modified":"2024-12-01T10:51:41","modified_gmt":"2024-12-01T05:21:41","slug":"acit-osd-v-m-s-khurana-engineering-ltd-2024-206-itd-741-ahd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-osd-v-m-s-khurana-engineering-ltd-2024-206-itd-741-ahd-trib\/","title":{"rendered":"ACIT (OSD) v. M.S. Khurana Engineering Ltd. (2024) 206 ITD 741 (Ahd) (Trib.)"},"content":{"rendered":"<p>Held that the assessee had invested own interest free funds in securities\/Joint Ventures which yield exempt income, no disallowance under section 14A read with rule 8D(2)(b) is\u00a0 warranted, as available owned interest free funds with assessee were much higher than investments made by assessee which yield exempt income.\u00a0 (AY. 2007-08, 2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure-Exempt income-Interest free funds-Investment in Securities and Joint  ventures-Owned interest free funds with  were much higher than investments made by assesse. [R.8D(2)(b)] <\/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-48686","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cFg","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48686","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=48686"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48686\/revisions"}],"predecessor-version":[{"id":48687,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48686\/revisions\/48687"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=48686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=48686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=48686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}