{"id":49190,"date":"2024-12-28T10:34:39","date_gmt":"2024-12-28T05:04:39","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-coffee-day-enterprises-ltd-2024-300-taxman-357-sc-editorial-pcit-v-coffee-day-enterprises-ltd-2024-165-taxxmann-com-328-karnhc\/"},"modified":"2024-12-28T10:34:39","modified_gmt":"2024-12-28T05:04:39","slug":"pcit-v-coffee-day-enterprises-ltd-2024-300-taxman-357-sc-editorial-pcit-v-coffee-day-enterprises-ltd-2024-165-taxxmann-com-328-karnhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-coffee-day-enterprises-ltd-2024-300-taxman-357-sc-editorial-pcit-v-coffee-day-enterprises-ltd-2024-165-taxxmann-com-328-karnhc\/","title":{"rendered":"PCIT v. Coffee Day Enterprises Ltd. (2024) 300 Taxman 357 (SC) Editorial : PCIT v. Coffee Day Enterprises Ltd. (2024) 165 taxxmann.com 328 (Karn)(HC)"},"content":{"rendered":"<p>High Court\u00a0 held that where amount of disallowance made voluntarily by assessee was more than exempt income, same would meet requirements as set out in section 14A. \u00a0SLP filed by Revenue is dismissed on ground of \u00a0delay of 340 days. Question of law, if any is kept open. \u00a0(AY. 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure-Exempt income-Disallowance made voluntarily  was more than exempt income-No further disallowance  can be made-Delay of 340 days-SLP of Revenue is dismissed on account of delay in filing of SLP-Question of law, if any is kept open.   [R.8D, 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-49190","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cNo","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49190","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=49190"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49190\/revisions"}],"predecessor-version":[{"id":49191,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49190\/revisions\/49191"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=49190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=49190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=49190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}