{"id":62742,"date":"2026-07-30T10:16:19","date_gmt":"2026-07-30T04:46:19","guid":{"rendered":"https:\/\/itatonline.org\/digest\/ito-v-v-r-surat-p-ltd-2023-152-taxmann-com-679-2025-129-itr-626-surattrib\/"},"modified":"2026-07-30T10:16:19","modified_gmt":"2026-07-30T04:46:19","slug":"ito-v-v-r-surat-p-ltd-2023-152-taxmann-com-679-2025-129-itr-626-surattrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/ito-v-v-r-surat-p-ltd-2023-152-taxmann-com-679-2025-129-itr-626-surattrib\/","title":{"rendered":"ITO v. V. R. Surat P. Ltd. [2023] 152 taxmann.com 679 \/ (2025) 129 ITR 626 (Surat)(Trib.)"},"content":{"rendered":"<p style=\"margin: 0in;margin-bottom: .0001pt;text-align: justify;line-height: 150%\"><span lang=\"EN-IN\" style=\"font-family: &#039;Verdana&#039;,sans-serif\">The Assessing Officer made a further disallowance under section 14A read with rule 8D in respect of exempt dividend income. The Tribunal held that the assessee possessed sufficient non-interest-bearing funds to make the investments and, following the jurisdictional High Court as well as the orders passed in the assessee&#8217;s own case for earlier years, upheld the deletion of the disallowance<b>. <strong><span style=\"font-family: &#039;Verdana&#039;,sans-serif\">(AY. 2015-16).<\/span><\/strong><\/b><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.14A: Disallowance of expenditure-Exempt income-Sufficient interest-free funds available-No disallowance warranted. [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-62742","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gjY","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62742","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=62742"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62742\/revisions"}],"predecessor-version":[{"id":62743,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62742\/revisions\/62743"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=62742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=62742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=62742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}