{"id":52736,"date":"2025-04-07T11:07:45","date_gmt":"2025-04-07T05:37:45","guid":{"rendered":"https:\/\/itatonline.org\/digest\/royal-twinkle-star-club-p-ltd-v-dcit-2023-152-taxmann-com-374-37-nypttj-334-2024-228-ttj-991-mum-trib-2\/"},"modified":"2025-04-07T11:07:45","modified_gmt":"2025-04-07T05:37:45","slug":"royal-twinkle-star-club-p-ltd-v-dcit-2023-152-taxmann-com-374-37-nypttj-334-2024-228-ttj-991-mum-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/royal-twinkle-star-club-p-ltd-v-dcit-2023-152-taxmann-com-374-37-nypttj-334-2024-228-ttj-991-mum-trib-2\/","title":{"rendered":"Royal Twinkle Star Club (P) Ltd. v. DCIT (2023) 152 taxmann.com 374 \/ 37 NYPTTJ 334 \/ (2024) 228 TTJ 991 (Mum) (Trib)"},"content":{"rendered":"<p>Held that book profit under S 115JB is to be computed without resorting to computation under S. 14A r\/w r. 8D. Disallowance under S. 14A cannot be in excess of exempt income earned by the assessee during the assessment year in question. (AY. 2009-10 to 2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 115JB : Company-Book profit-Book profit under S. 115JB is to be computed without resorting to computation under S. 14A-Disallowance under S.14A cannot exceed the exempt income. [S. 14A, 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-52736","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-dIA","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/52736","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=52736"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/52736\/revisions"}],"predecessor-version":[{"id":52737,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/52736\/revisions\/52737"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=52736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=52736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=52736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}