{"id":62497,"date":"2026-07-22T19:53:36","date_gmt":"2026-07-22T14:23:36","guid":{"rendered":"https:\/\/itatonline.org\/digest\/housing-urban-development-corporation-ltd-v-dcit-2025-128-itr-387-delhi-trib-2\/"},"modified":"2026-07-22T19:53:36","modified_gmt":"2026-07-22T14:23:36","slug":"housing-urban-development-corporation-ltd-v-dcit-2025-128-itr-387-delhi-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/housing-urban-development-corporation-ltd-v-dcit-2025-128-itr-387-delhi-trib-2\/","title":{"rendered":"Housing &#038; Urban Development Corporation Ltd. v. DCIT [2025] 128 ITR 387 (Delhi) (Trib.)"},"content":{"rendered":"<p>Held that since interest income had a direct nexus with assessee\u2019s core business of providing long-term finance for housing, infrastructure and industrial development, such income constituted eligible business income. Accordingly, a deduction under section 36(1)(viii) was allowable. (AY. 2012-13, 2014-15, 2015-16)\u00a0\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 36(1)(viii): Eligible business-Special reserve-Interest on FDRs and project loan bonds -Eligible business income -Deduction available.<\/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-62497","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gg1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62497","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=62497"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62497\/revisions"}],"predecessor-version":[{"id":62498,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62497\/revisions\/62498"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=62497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=62497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=62497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}