{"id":1751,"date":"2018-07-14T10:15:09","date_gmt":"2018-07-14T10:15:09","guid":{"rendered":"http:\/\/itatonline.org\/digest\/baniara-engineers-pvt-ltd-v-ito-smc-koltribwww-itatonline-org\/"},"modified":"2018-07-14T10:43:23","modified_gmt":"2018-07-14T10:43:23","slug":"baniara-engineers-pvt-ltd-v-ito-smc-koltribwww-itatonline-org","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/baniara-engineers-pvt-ltd-v-ito-smc-koltribwww-itatonline-org\/","title":{"rendered":"Baniara Engineers Pvt. Ltd. v. ITO (SMC) ( Kol)(Trib),www.itatonline.org"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Tribunal held that , S.50C being \u00a0a deeming provision and applies only to the transfer of land or building. It does not apply to the transfer of &#8220;booking rights&#8221; and to right to purchase flats in a building . (ITA No.635\/Kol\/2018, dt. 04.07.2018)(AY. 2013-14)<\/p>\n<p><a href=\"http:\/\/itatonline.org\/archives\/wp-content\/uploads\/Baniara-50C-Capital-Gains.pdf\"><strong>[Click here to download PDF file]<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 50C : Capital gains-Full value of consideration- stamp valuation-Provision being  a deeming provision and applies only to the transfer of land or building. It does not apply to the transfer of &#8220;booking rights&#8221; and to right to purchase flats in a 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":[1],"tags":[],"class_list":["post-1751","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-sf","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1751","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=1751"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1751\/revisions"}],"predecessor-version":[{"id":1759,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1751\/revisions\/1759"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=1751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=1751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=1751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}