{"id":12310,"date":"2020-09-21T06:30:15","date_gmt":"2020-09-21T06:30:15","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-ltu-v-cholamandalam-ms-general-insurance-co-ltd-2020-424-itr-272-madhc-2\/"},"modified":"2020-09-21T06:30:15","modified_gmt":"2020-09-21T06:30:15","slug":"cit-ltu-v-cholamandalam-ms-general-insurance-co-ltd-2020-424-itr-272-madhc-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-ltu-v-cholamandalam-ms-general-insurance-co-ltd-2020-424-itr-272-madhc-2\/","title":{"rendered":"CIT (LTU) v. Cholamandalam Ms General Insurance Co. Ltd. (2020) 424 ITR 272 (Mad)(HC)"},"content":{"rendered":"<p>Dismissing the\u00a0 appeal of the revenue the Court held that provisions of S. \u00a0115JB\u00a0of the\u00a0 Act which enables the companies to compute the book profit may not be applicable to insurance companies .<em>(<\/em> AY.2006-07 to 2009-10)\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.115JB : Book profit &#8211; Insurance business \u2014 Accounts prepared in accordance with Insurance Act, 1938- Provision relating to books of account is not applicable [ Insurance Act , 1938 ]<\/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-12310","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3cy","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12310","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=12310"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12310\/revisions"}],"predecessor-version":[{"id":12311,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12310\/revisions\/12311"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=12310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=12310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=12310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}