{"id":14554,"date":"2020-12-23T09:58:55","date_gmt":"2020-12-23T09:58:55","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dcit-v-motisons-buildtech-p-ltd-2020-116-taxmann-com-337-jaipur-trib\/"},"modified":"2021-06-27T18:31:54","modified_gmt":"2021-06-27T13:01:54","slug":"dcit-v-motisons-buildtech-p-ltd-2020-116-taxmann-com-337-jaipur-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dcit-v-motisons-buildtech-p-ltd-2020-116-taxmann-com-337-jaipur-trib\/","title":{"rendered":"DCIT v. Motisons Buildtech (P) Ltd ( 2020)  182 ITD 72 \/116 taxmann.com 337\/ 205 TTJ 484   ( Jaipur) (Trib)\/DCIT v. Motisons Entertainment ( P) Ltd  (2020)  182 ITD  72\/ 205 TTJ 484  (Jaipur)   (Trib.) DCIT v. Mitisons Global ( P) Ltd Ltd   (2020)  182 ITD  72\/ 205 TTJ 484  (Jaipur)   (Trib.)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Tribunal held that Gains from sale of agricultural land which is not a capital asset cannot be included for computing book profit . Followed Satlej Cotton Mills Ltd v.CIT ( 1993) 45 ITD 22 (SB) (Cal) (Trib) ( (ITA No. 1323\/JP\/ 2028 dt. 22-2 .2020) ( AY.2016 -17 )<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 115JB :  Book profit &#8211;  Capital gains-  Capital asset- Sale of agricultural land- Gains from sale of agricultural land which is not a capital asset cannot be included for computing book profit .  [ S.2(14)(iii), 2(IA), 5, 10(1),  45  ]<\/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":[21],"tags":[],"class_list":["post-14554","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3MK","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14554","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=14554"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14554\/revisions"}],"predecessor-version":[{"id":19714,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14554\/revisions\/19714"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=14554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=14554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=14554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}