{"id":6036,"date":"2019-06-29T09:58:42","date_gmt":"2019-06-29T09:58:42","guid":{"rendered":"http:\/\/itatonline.org\/digest\/bhagwati-gases-ltd-v-dcit-2019-176-itd-609-kol-trib-3\/"},"modified":"2019-06-29T09:58:42","modified_gmt":"2019-06-29T09:58:42","slug":"bhagwati-gases-ltd-v-dcit-2019-176-itd-609-kol-trib-3","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/bhagwati-gases-ltd-v-dcit-2019-176-itd-609-kol-trib-3\/","title":{"rendered":"Bhagwati Gases Ltd. v. DCIT (2019) 176 ITD 609  (Kol.)(Trib.)"},"content":{"rendered":"<p>Tribunal held that the\u00a0 assessee had made payments of certain amount on account of security deposit for uninterrupted supply of certain material for smooth functioning of its business, and further, assessee had substantial interest free own funds out of which said payment was made, no disallowance\u00a0 can be made. (AY .2006 -07)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 36(1)(iii) : Interest on borrowed capital-Advance of  security deposit \u2013 Substantial interest free funds\u2013No disallowances can be made.<\/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-6036","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1zm","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6036","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=6036"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6036\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=6036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=6036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=6036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}