{"id":51878,"date":"2025-03-18T10:57:55","date_gmt":"2025-03-18T05:27:55","guid":{"rendered":"https:\/\/itatonline.org\/digest\/intas-pharmaceuticals-ltd-v-acit-2024114-itr-434-ahdtrib\/"},"modified":"2025-03-18T10:57:55","modified_gmt":"2025-03-18T05:27:55","slug":"intas-pharmaceuticals-ltd-v-acit-2024114-itr-434-ahdtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/intas-pharmaceuticals-ltd-v-acit-2024114-itr-434-ahdtrib\/","title":{"rendered":"Intas Pharmaceuticals Ltd. v. ACIT (2024)114 ITR 434 (Ahd)(Trib)"},"content":{"rendered":"<p>That the Commissioner (Appeals) had given a categorical finding that the assessee\u2019s own interest-free funds were far in excess of the investments made in the firm, yielding exempt income and, accordingly, no disallowance was called for, and that since no exempt income was earned by the assessee during the year under consideration, there was no question of disallowance under section\u00a014A. The order of the Commissioner (Appeals) was upheld (AY.2009-10, 2010-11, 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure-Exempt income-Investment in subsidiaries not yielding dividends-Own interest-free funds-No disallowance of  expenditure. [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-51878","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-duK","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51878","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=51878"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51878\/revisions"}],"predecessor-version":[{"id":51879,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51878\/revisions\/51879"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=51878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=51878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=51878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}