{"id":17256,"date":"2021-04-25T18:14:43","date_gmt":"2021-04-25T12:44:43","guid":{"rendered":"https:\/\/itatonline.org\/digest\/noida-cyber-park-p-ltd-v-ito-2021-186-itd-593-delhi-trib\/"},"modified":"2021-04-25T18:14:43","modified_gmt":"2021-04-25T12:44:43","slug":"noida-cyber-park-p-ltd-v-ito-2021-186-itd-593-delhi-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/noida-cyber-park-p-ltd-v-ito-2021-186-itd-593-delhi-trib\/","title":{"rendered":"Noida Cyber park (P.) Ltd v. ITO (2021) 186 ITD 593 (Delhi) (Trib)"},"content":{"rendered":"<p>The Appellate Tribunal held the expression \u2018land or building\u2019 in its coverage is quite distinct from the expression \u2018any right in land or building\u2019. The legislature, in its wisdom, has used the expression \u2018land or building or both\u2019 in section 50C(1) of the Act, and not the expression \u2018any right in land or building\u2019.\u00a0 Thus, section 50C covers only capital asset being land or building or both and it would not cover transfer of leasehold rights in land and building. (AY. 2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 50C : Capital gains &#8211; Full value of consideration &#8211; Stamp valuation \u2013 Addition cannot be made under section 50C on the transfer of leasehold rights in land or building.[ S.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-17256","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4uk","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17256","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=17256"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17256\/revisions"}],"predecessor-version":[{"id":17257,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17256\/revisions\/17257"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=17256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=17256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=17256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}