{"id":8513,"date":"2019-12-17T11:51:14","date_gmt":"2019-12-17T11:51:14","guid":{"rendered":"http:\/\/itatonline.org\/digest\/dy-cit-v-jammu-metalic-oxides-pvt-ltd-2019-72-itr-449-jaipurtrib\/"},"modified":"2019-12-17T11:51:14","modified_gmt":"2019-12-17T11:51:14","slug":"dy-cit-v-jammu-metalic-oxides-pvt-ltd-2019-72-itr-449-jaipurtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-jammu-metalic-oxides-pvt-ltd-2019-72-itr-449-jaipurtrib\/","title":{"rendered":"Dy. CIT v.  Jammu Metalic Oxides Pvt.  Ltd.  (2019) 72 ITR 449 (Jaipur)(Trib. )"},"content":{"rendered":"<p>The assessee had investment in shares. The AO made a disallowance under S.\u00a014A\u00a0read with rule\u00a08D\u00a0of the\u00a0Income-tax Rules, 1962\u00a0of one per cent. \u00a0of the average investment. \u00a0The CIT (A) deleted the addition considering the fact that the assessee had not earned any exempt income during the instant year. \u00a0\u00a0Dismissing the appeal of the revenue the Tribunal held that \u00a0the fact that the assessee had not earned any exempt income during the instant year had not been disputed by the Department. \u00a0Therefore, there could be no addition under S.\u00a014A. \u00a0(AY. \u00a02010-11, 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure-Exempt income-No exempt income earned during the year-No disallowance can be made.  [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_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-8513","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2dj","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8513","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=8513"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8513\/revisions"}],"predecessor-version":[{"id":8514,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8513\/revisions\/8514"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=8513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=8513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=8513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}