{"id":15217,"date":"2021-02-11T13:37:52","date_gmt":"2021-02-11T08:07:52","guid":{"rendered":"https:\/\/itatonline.org\/digest\/aspinwall-and-co-ltd-v-acit-2020-183-itd-621-116-taxmann-com-851-cochin-trib\/"},"modified":"2021-02-11T13:37:52","modified_gmt":"2021-02-11T08:07:52","slug":"aspinwall-and-co-ltd-v-acit-2020-183-itd-621-116-taxmann-com-851-cochin-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/aspinwall-and-co-ltd-v-acit-2020-183-itd-621-116-taxmann-com-851-cochin-trib\/","title":{"rendered":"Aspinwall and Co Ltd v. ACIT (2020) 183 ITD 621 \/ 116 taxmann.com 851 ( Cochin) (Trib)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Tribunal held that the Rule 7A is applicable to computation of income derived from sale of centrifuged Latex or Latex based crepes etc , only ; proceeds on sale of rubber trees and timber cannot be brought to tax under Rule 7A . ( AY. 2006 -07)\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 2(1A) : Agricultural income &#8211;  Rubber manufacturer \u2013 Sale of rubber trees and timber cannot be brought to tax under rule 7A [ R.7A ]<\/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-15217","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3Xr","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15217","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=15217"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15217\/revisions"}],"predecessor-version":[{"id":15218,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15217\/revisions\/15218"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=15217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=15217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=15217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}