{"id":16305,"date":"2021-04-03T14:59:53","date_gmt":"2021-04-03T09:29:53","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-ijyaraj-singh-2020-183-itd-237-207-ttj-953-jaipur-trib-2\/"},"modified":"2021-04-03T14:59:53","modified_gmt":"2021-04-03T09:29:53","slug":"acit-v-ijyaraj-singh-2020-183-itd-237-207-ttj-953-jaipur-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-ijyaraj-singh-2020-183-itd-237-207-ttj-953-jaipur-trib-2\/","title":{"rendered":"ACIT v. Ijyaraj Singh. (2020) 183 ITD 237 \/207 TTJ 953 (Jaipur) (Trib.)"},"content":{"rendered":"<p>Assessee entered into two sale deeds for sale of its land whereby sale consideration had been discharged by issue of post dated cheques.\u00a0 The AO has held that the assessee was liable to capital gain tax. CIT(A) deleted the addition.\u00a0 On appeal by the revenue the Tribunal held that there was no transfer of land in terms of section 2(47)(v) and no real income which had accrued or arisen to assessee as there was no receipt of full sale consideration and in absence thereof, assessee would not be exigible to capital gains tax.(AY. 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 45 : Capital gains-Transfer-Sale deed executed-Sale transaction could not materialise-Posted cheque issues dishonoured-Not liable to capital gain tax.  [S. 2(47)(v)]<\/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-16305","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4eZ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16305","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=16305"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16305\/revisions"}],"predecessor-version":[{"id":16306,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16305\/revisions\/16306"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=16305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=16305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=16305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}