{"id":5690,"date":"2019-06-10T11:32:29","date_gmt":"2019-06-10T11:32:29","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-clp-india-p-ltd-2019-103-taxmann-com-442-262-taxman-204-guj-hc-editorial-slp-of-revenue-is-dismissed-cit-v-clp-india-p-ltd-2019-262-taxman-203-sc\/"},"modified":"2019-06-10T11:32:29","modified_gmt":"2019-06-10T11:32:29","slug":"cit-v-clp-india-p-ltd-2019-103-taxmann-com-442-262-taxman-204-guj-hc-editorial-slp-of-revenue-is-dismissed-cit-v-clp-india-p-ltd-2019-262-taxman-203-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-clp-india-p-ltd-2019-103-taxmann-com-442-262-taxman-204-guj-hc-editorial-slp-of-revenue-is-dismissed-cit-v-clp-india-p-ltd-2019-262-taxman-203-sc\/","title":{"rendered":"CIT  v. CLP India (P.) Ltd.  (2019] 103 taxmann.com 442 \/ 262  Taxman  204  (Guj.)(HC)    Editorial: SLP of revenue is dismissed, CIT v. CLP India (P.) Ltd.  (2019) 262 Taxman 203 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that, only be net interest excluding expenditure incurred in earning such interest income which had to be excluded for purpose of computing deduction available under section 80-IA. Followed\u00a0 ACG Associated\u00a0 Capsules (P) Ltd. v. CIT (2012) 343\u00a0 ITR\u00a0 89 (SC) (AY.2005 -06)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80IA : Industrial undertakings-Net interest excluding expenditure incurred in earning such interest income which had to be excluded for purpose of computing deduction.<\/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":[1],"tags":[],"class_list":["post-5690","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1tM","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5690","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=5690"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5690\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}