{"id":48967,"date":"2024-12-17T15:59:39","date_gmt":"2024-12-17T10:29:39","guid":{"rendered":"https:\/\/itatonline.org\/digest\/tata-steel-ltd-v-dy-cit-2024109-itr-18-mum-trib-6\/"},"modified":"2024-12-17T15:59:39","modified_gmt":"2024-12-17T10:29:39","slug":"tata-steel-ltd-v-dy-cit-2024109-itr-18-mum-trib-6","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/tata-steel-ltd-v-dy-cit-2024109-itr-18-mum-trib-6\/","title":{"rendered":"Tata Steel Ltd. v. Dy. CIT (2024)109 ITR 18 (Mum) (Trib)"},"content":{"rendered":"<p>Held that the addition under section\u00a014A\u00a0to the book profits under section\u00a0115JB\u00a0of the Act was deleted. The issue with respect to the addition of interest on the perpetual debentures to the book profits under section\u00a0115JB\u00a0of the Act was set aside to the file of the Assessing Officer.\u00a0 Held that\u00a0 the assessee having filed a rectification application, the Assessing Officer is\u00a0 directed to dispose of the application.\u00a0 (AY.2019-20)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 115JB : Company-Book profit-Exempt income-No addition can be made-Adjustment in respect of interest on perpetual debentures is  set aside-Pendency of rectification application-Assessing Officer is  directed to dispose of  rectification application  [S. 14A, 37(1), 154] <\/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-48967","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cJN","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48967","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=48967"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48967\/revisions"}],"predecessor-version":[{"id":48968,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48967\/revisions\/48968"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=48967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=48967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=48967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}