{"id":49192,"date":"2024-12-28T10:35:43","date_gmt":"2024-12-28T05:05:43","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-central-v-shapoorji-pallonji-and-co-ltd-2024-164-taxman-com-707-bomhc-editorial-slp-of-revenue-is-dismissed-pcit-central-v-shapoorji-pallonji-and-co-ltd-2024-300-taxman-182-sc\/"},"modified":"2024-12-28T10:35:43","modified_gmt":"2024-12-28T05:05:43","slug":"pcit-central-v-shapoorji-pallonji-and-co-ltd-2024-164-taxman-com-707-bomhc-editorial-slp-of-revenue-is-dismissed-pcit-central-v-shapoorji-pallonji-and-co-ltd-2024-300-taxman-182-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-central-v-shapoorji-pallonji-and-co-ltd-2024-164-taxman-com-707-bomhc-editorial-slp-of-revenue-is-dismissed-pcit-central-v-shapoorji-pallonji-and-co-ltd-2024-300-taxman-182-sc\/","title":{"rendered":"PCIT, Central v. Shapoorji Pallonji and Co. Ltd. (2024) 164 taxman.com 707 (Bom)(HC) Editorial : SLP of Revenue is dismissed, PCIT, Central v. Shapoorji Pallonji and Co. Ltd. (2024) 300 Taxman 182 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the Revenue the High Court held that where both interest-free and interest bearing funds were available with assessee, it was to be presumed that investments were made out of interest-free fund.\u00a0 Order of Tribunal deleting the addition is affirmed. (AY. 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure-Exempt income-Interest free funds-Presumed that investments were made out of interest-free fund-Disallowance cannot be made.[S. 260A,R.8D]  <\/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-49192","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cNq","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49192","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=49192"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49192\/revisions"}],"predecessor-version":[{"id":49193,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49192\/revisions\/49193"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=49192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=49192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=49192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}