{"id":62489,"date":"2026-07-22T19:52:01","date_gmt":"2026-07-22T14:22:01","guid":{"rendered":"https:\/\/itatonline.org\/digest\/housing-urban-development-corporation-ltd-v-dcit-2025-128-itr-387-delhi-trib\/"},"modified":"2026-07-22T19:52:01","modified_gmt":"2026-07-22T14:22:01","slug":"housing-urban-development-corporation-ltd-v-dcit-2025-128-itr-387-delhi-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/housing-urban-development-corporation-ltd-v-dcit-2025-128-itr-387-delhi-trib\/","title":{"rendered":"Housing &#038; Urban Development Corporation Ltd. v. DCIT [2025] 128 ITR 387 (Delhi) (Trib.)"},"content":{"rendered":"<p>Held that the disallowance under section 14A cannot exceed exempt income earned during the year. Following precedents in assessee\u2019s own case and the judgment of the jurisdictional High Court, disallowance was required to be restricted to the amount of exempt income earned. (AY. 2012-13, 2014-15, 2015-16)\u00a0\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.14A: Disallowance of expenditure-Exempt income-Disallowance cannot exceed exempt income.  [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_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-62489","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gfT","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62489","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=62489"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62489\/revisions"}],"predecessor-version":[{"id":62490,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62489\/revisions\/62490"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=62489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=62489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=62489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}