{"id":9882,"date":"2020-02-18T11:32:40","date_gmt":"2020-02-18T11:32:40","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-keshav-power-ltd-2019-112-taxmann-com-323-2020-268-taxman-332-delhi-hc-editorial-slp-of-revenue-is-dismissed-as-the-tax-effect-is-less-than-rs-2-crores-pcit-v-keshav-power-ltd-20\/"},"modified":"2020-02-18T11:32:40","modified_gmt":"2020-02-18T11:32:40","slug":"pcit-v-keshav-power-ltd-2019-112-taxmann-com-323-2020-268-taxman-332-delhi-hc-editorial-slp-of-revenue-is-dismissed-as-the-tax-effect-is-less-than-rs-2-crores-pcit-v-keshav-power-ltd-20","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-keshav-power-ltd-2019-112-taxmann-com-323-2020-268-taxman-332-delhi-hc-editorial-slp-of-revenue-is-dismissed-as-the-tax-effect-is-less-than-rs-2-crores-pcit-v-keshav-power-ltd-20\/","title":{"rendered":"PCIT v. Keshav Power Ltd (2019) 112 taxmann.com 323 \/ (2020) 268 Taxman 332 (Delhi) (HC) Editorial: SLP of revenue is dismissed as the tax effect is less than Rs. 2 crores PCIT v. Keshav Power Ltd (2020) 266 Taxman 331 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that the AO has not recorded his satisfaction regarding correctness of self disallowance made by the assessee u\/s 14A as was mandatory in terms of S.14A(2) to invoke and recourse as per rule 8D of the Act. Accordingly the order of the Tribunal is affirmed. (AY. 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 14A : Disallowance of expenditure-Exempt income-Recording of satisfaction-AO has not recorded the satisfaction how the disallowance made by the Assessee  is not correct\u2013Deletion of  disallowance by the Tribunal is affirmed. [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-9882","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2zo","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/9882","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=9882"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/9882\/revisions"}],"predecessor-version":[{"id":9883,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/9882\/revisions\/9883"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=9882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=9882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=9882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}