{"id":596,"date":"2018-05-02T01:13:43","date_gmt":"2018-05-02T01:13:43","guid":{"rendered":"http:\/\/itatonline.org\/digest\/bennett-coleman-co-ltd-v-acit-2018-168-itd-631-192-ttj-377-mum-trib\/"},"modified":"2018-12-28T01:23:58","modified_gmt":"2018-12-28T01:23:58","slug":"bennett-coleman-co-ltd-v-acit-2018-168-itd-631-192-ttj-377-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/bennett-coleman-co-ltd-v-acit-2018-168-itd-631-192-ttj-377-mum-trib\/","title":{"rendered":"Bennett Coleman &#038; Co. Ltd.  v. ACIT (2017) 168 ITD 631\/( 2018)192 TTJ 377 \/ 164 DTR 145  (Mum)  (Trib.)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Tribunal held that the , assessee , had surplus own funds to make investments in shares and mutual funds and it had not used borrowed funds, therefore interest expenses cannot be disallowed. ( AY. 2008 -09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure &#8211; Exempt income -Investments in shares and mutual funds from own funds -Interest  expenses cannot be disallowed [ 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":[1],"tags":[],"class_list":["post-596","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9C","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/596","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=596"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/596\/revisions"}],"predecessor-version":[{"id":3439,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/596\/revisions\/3439"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}