{"id":8261,"date":"2019-11-18T10:40:40","date_gmt":"2019-11-18T10:40:40","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-bmc-software-india-p-ltd-2019-109-taxmann-com-277-266-taxman-179-bom-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-bmc-software-india-p-ltd-2019-266-taxman-178-sc\/"},"modified":"2019-11-18T10:40:40","modified_gmt":"2019-11-18T10:40:40","slug":"pcit-v-bmc-software-india-p-ltd-2019-109-taxmann-com-277-266-taxman-179-bom-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-bmc-software-india-p-ltd-2019-266-taxman-178-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-bmc-software-india-p-ltd-2019-109-taxmann-com-277-266-taxman-179-bom-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-bmc-software-india-p-ltd-2019-266-taxman-178-sc\/","title":{"rendered":"PCIT v. BMC Software India (P.) Ltd. (2019) 109 taxmann.com 277 \/  266 Taxman 179 (Bom.)(HC)  Editorial :  SLP of revenue is dismissed,  PCIT v. BMC Software India (P.) Ltd. (2019)  266 Taxman 178 (SC)"},"content":{"rendered":"<p>Tribunal held that disallowance made under section 40(a)(ia) would not affect assessee&#8217;s liability to tax because even if said amount was disallowed and added to income, same would be exempted under section 10A. High Court upheld Tribunal&#8217;s order. (Followed CIT v Gem Plus\u00a0 Jewellery India Ltd\u00a0 ( 2011) 330 ITR 175 (Bom)(HC) (AY. 2006-07)\u00a0 (Supreme Court followed\u00a0 CIT v. HCL Technologies Ltd 2018\u00a0 (6) SCALE\u00a0 524)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 10A : Free trade zone-Disallowance of expenses-Enhanced profit due to statutory disallowances\u2013Entitle to deduction. [S.40(a)(ia)]<\/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-8261","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-29f","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8261","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=8261"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8261\/revisions"}],"predecessor-version":[{"id":8262,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8261\/revisions\/8262"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=8261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=8261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=8261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}