{"id":55315,"date":"2025-07-15T10:43:39","date_gmt":"2025-07-15T05:13:39","guid":{"rendered":"https:\/\/itatonline.org\/digest\/kotak-mahindra-bank-ltd-v-dcit-2025-211-itd-608-mum-trib-5\/"},"modified":"2025-07-15T10:43:39","modified_gmt":"2025-07-15T05:13:39","slug":"kotak-mahindra-bank-ltd-v-dcit-2025-211-itd-608-mum-trib-5","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/kotak-mahindra-bank-ltd-v-dcit-2025-211-itd-608-mum-trib-5\/","title":{"rendered":"Kotak Mahindra Bank Ltd. v. DCIT (2025) 211 ITD 608 (Mum) (Trib.)"},"content":{"rendered":"<p>Held that broken period interest, i.e., interest accrued between last coupon date and date of purchase of government securities deductible as business expenditure. (AY. 2019-20)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.37(1): Business expenditure-Broken period interest, i.e., interest accrued between last coupon date and date of purchase of government securities-Allowable as   business expenditure.<\/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-55315","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-eob","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/55315","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=55315"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/55315\/revisions"}],"predecessor-version":[{"id":55316,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/55315\/revisions\/55316"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=55315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=55315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=55315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}