{"id":18787,"date":"2021-05-30T18:33:35","date_gmt":"2021-05-30T13:03:35","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-wockhardt-hospitals-ltd-2020-192-dtr-289-316-ctr-157-bom-hc-2\/"},"modified":"2021-05-30T18:33:35","modified_gmt":"2021-05-30T13:03:35","slug":"pcit-v-wockhardt-hospitals-ltd-2020-192-dtr-289-316-ctr-157-bom-hc-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-wockhardt-hospitals-ltd-2020-192-dtr-289-316-ctr-157-bom-hc-2\/","title":{"rendered":"PCIT v. Wockhardt Hospitals Ltd. (2020) 192 DTR 289 \/ 316 CTR 157 (Bom.) (HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that\u00a0 the Appellate Tribunal considering the agreement as whole held that it was slump sale and so long as the undertaking is owned and held by the assessee for a period of more than 36 months, the capital gain arising from its slump sale is considered as long term capital gain notwithstanding the period for which its individual assets were owned and held. Order of the Appellate Tribunal is affirmed .\u00a0 (AY .2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 50B : Capital gains \u2013 Slump sale \u2013 Complete code \u2013 Deletion of addition is held to be valid [ S.  2(19AA), 2(42C), 48, 49 ] <\/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-18787","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4T1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18787","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=18787"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18787\/revisions"}],"predecessor-version":[{"id":18788,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18787\/revisions\/18788"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=18787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=18787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}