{"id":51882,"date":"2025-03-18T10:58:37","date_gmt":"2025-03-18T05:28:37","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dy-cit-v-welspun-steel-ltd-2024114-itr-107-229-ttj-485mumtrib\/"},"modified":"2025-03-18T10:58:37","modified_gmt":"2025-03-18T05:28:37","slug":"dy-cit-v-welspun-steel-ltd-2024114-itr-107-229-ttj-485mumtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-welspun-steel-ltd-2024114-itr-107-229-ttj-485mumtrib\/","title":{"rendered":"Dy. CIT v. Welspun Steel Ltd. (2024)114 ITR 107 \/229 TTJ 485(Mum)(Trib)"},"content":{"rendered":"<p>Held that no addition can be made while computing book profit in respect of disallowance under S.14A. The Tribunal also held that Amendment disallowance of expenditure\u00a0 irrespective of receipt of exempt income is not retrospective.\u00a0 Order of CIT(A) is affirmed. <em>(<\/em>AY.2017-18)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.14A : Disallowance of expenditure-Exempt income-Book profit-No disallowance can be made-Amendment disallowance of expenditure  irrespective of receipt of exempt income-Not Retrospective-Order of CIT(A) is affirmed. [S.115JB, 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-51882","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-duO","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51882","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=51882"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51882\/revisions"}],"predecessor-version":[{"id":51883,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51882\/revisions\/51883"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=51882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=51882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=51882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}