{"id":53586,"date":"2025-04-29T12:08:12","date_gmt":"2025-04-29T06:38:12","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-vizag-seaport-p-ltd-2024-229-ttj-73-uo-visakha-trib\/"},"modified":"2025-04-29T12:08:12","modified_gmt":"2025-04-29T06:38:12","slug":"acit-v-vizag-seaport-p-ltd-2024-229-ttj-73-uo-visakha-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-vizag-seaport-p-ltd-2024-229-ttj-73-uo-visakha-trib\/","title":{"rendered":"ACIT v. Vizag Seaport (P) Ltd. (2024) 229 TTJ 73) (UO) (Visakha (Trib)"},"content":{"rendered":"<p>Held that the assessee has invested own funds on capital work in progress hence No disallowance of interest can be made on borrowed amount. (AY. 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 36(1)(iii) : Interest on borrowed capital-Capital work in progress-Out of own funds-No disallowance of interest can be made on borrowed amount.[S. 37(1)]<\/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-53586","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-dWi","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/53586","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=53586"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/53586\/revisions"}],"predecessor-version":[{"id":53587,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/53586\/revisions\/53587"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=53586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=53586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=53586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}