{"id":33713,"date":"2023-04-13T16:32:46","date_gmt":"2023-04-13T11:02:46","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=33713"},"modified":"2023-04-13T16:32:46","modified_gmt":"2023-04-13T11:02:46","slug":"50-deduction-under-section-57iv","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/50-deduction-under-section-57iv\/","title":{"rendered":"50% deduction under section 57(iv)"},"content":{"rendered":"<p>The dispute of<strong> extra area work<\/strong> was finally settled throu arbitration award pertaning to pre GST period ( Finacial year 2016-17) . Some Compensation and interest is recived now. On the above interest,\u00a0 income tax is payable on 50% income as per section57(iv) of Income Tax Act ?<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[33],"qa_category":[23],"qa_tag":[170,125],"class_list":["post-33713","qa","type-qa","status-publish","hentry","qa_expert-advocate-shashi-ashok-bekal","qa_category-income-tax","qa_tag-deduction","qa_tag-income-from-other-sources"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/33713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=33713"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=33713"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=33713"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=33713"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=33713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}