{"id":5980,"date":"2019-06-28T12:17:34","date_gmt":"2019-06-28T12:17:34","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-caraf-builders-and-constructions-pvt-ltd-2019-414-itr-122-261-taxman-47-delhi-hc\/"},"modified":"2020-02-16T00:56:36","modified_gmt":"2020-02-16T00:56:36","slug":"pcit-v-caraf-builders-and-constructions-pvt-ltd-2019-414-itr-122-261-taxman-47-delhi-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-caraf-builders-and-constructions-pvt-ltd-2019-414-itr-122-261-taxman-47-delhi-hc\/","title":{"rendered":"PCIT v. Caraf Builders and Constructions Pvt. Ltd.   (2019)  414 ITR 122 \/ 261 Taxman 47  (Delhi) (HC) Editorail: SLP of revenue is dismissed, PCIT    v. Caraf Builders and Constructions Pvt. Ltd. ( 2020) 268 Taxman 317 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that, disallowance cannot be made when there is no income exempt from tax. Referred Maxopp\u00a0 Investment Ltd v.CIT ( 2018) 402 ITR\u00a0 640 (SC) (AY. 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure-Exempt income\u2013Disallowance cannot be made when there is no income  exempt from tax. [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-5980","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1ys","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5980","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=5980"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5980\/revisions"}],"predecessor-version":[{"id":9869,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5980\/revisions\/9869"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}