{"id":15561,"date":"2021-03-11T14:46:58","date_gmt":"2021-03-11T09:16:58","guid":{"rendered":"https:\/\/itatonline.org\/digest\/punjab-police-housing-corporation-ltd-v-pcit-2020-116-taxmann-com-402-phhc\/"},"modified":"2021-03-11T14:46:58","modified_gmt":"2021-03-11T09:16:58","slug":"punjab-police-housing-corporation-ltd-v-pcit-2020-116-taxmann-com-402-phhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/punjab-police-housing-corporation-ltd-v-pcit-2020-116-taxmann-com-402-phhc\/","title":{"rendered":"Punjab Police Housing Corporation Ltd. v. PCIT (2020) 116 taxmann.com 402 (P&#038;H)(HC)"},"content":{"rendered":"<p>Allowing the writ petitions the Court held that, interest accrued on grants received from State Government is held to be not liable to be taxed. Reassessment proceedings were quashed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 4 : Charge of income-tax-Interest accrued-Grants received from  State Government-Not liable to be taxed. [S.144, 147, 148]<\/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-15561","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-42Z","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15561","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=15561"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15561\/revisions"}],"predecessor-version":[{"id":15562,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15561\/revisions\/15562"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=15561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=15561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=15561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}