{"id":16001,"date":"2021-03-24T12:37:01","date_gmt":"2021-03-24T07:07:01","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-tidel-park-ltd-no-1-2021-430-itr-214-mad-hc\/"},"modified":"2021-03-24T12:37:01","modified_gmt":"2021-03-24T07:07:01","slug":"cit-v-tidel-park-ltd-no-1-2021-430-itr-214-mad-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-tidel-park-ltd-no-1-2021-430-itr-214-mad-hc\/","title":{"rendered":"CIT v. Tidel Park Ltd. (No. 1) (2021) 430 ITR 214 (Mad.)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that the income derived from letting out of property to tenants for the purpose of running a technological park was income from business and not income from house property and the assessee was entitled to deduction under section\u00a080-IA(4)\u00a0on rental income and lease rent income of the industrial park.( AY.2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80IA : Industrial undertakings- Infrastructure  development-Development and leasing of  premises in software park-Assessable as business income- Entitle to deduction. [S. 28(i), 80IA(4)] <\/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-16001","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4a5","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16001","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=16001"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16001\/revisions"}],"predecessor-version":[{"id":16002,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16001\/revisions\/16002"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=16001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=16001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=16001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}