{"id":10020,"date":"2020-02-22T09:18:20","date_gmt":"2020-02-22T09:18:20","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-siemens-nixdorf-information-systemse-gmbh-2019-bcaj-october-p-63-bom-hc\/"},"modified":"2020-02-22T09:18:20","modified_gmt":"2020-02-22T09:18:20","slug":"cit-v-siemens-nixdorf-information-systemse-gmbh-2019-bcaj-october-p-63-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-siemens-nixdorf-information-systemse-gmbh-2019-bcaj-october-p-63-bom-hc\/","title":{"rendered":"CIT v. Siemens Nixdorf Information Systemse Gmbh (2019) BCAJ-October-P. 63 (Bom.)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that, advance given to subsidiary which was written off is held to be allowable as short term capital loss.\u00a0 (Arising from ITA No. 3833\/M\/21 dt. 31-03 2016)\u00a0 (ITA No. 1366 of 2017 dt. 26-08 2019) (AY. 2002-03)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 2(14) : Capital asset\u2013Advance given to subsidiary\u2013Loss\u2013Held to be allowable as short term capital loss. [S. 2(42A), 2(47)] <\/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-10020","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2BC","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10020","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=10020"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10020\/revisions"}],"predecessor-version":[{"id":10021,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10020\/revisions\/10021"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=10020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=10020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=10020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}