{"id":1950,"date":"2018-08-07T10:04:31","date_gmt":"2018-08-07T10:04:31","guid":{"rendered":"http:\/\/itatonline.org\/digest\/manipal-health-systems-p-ltd-v-acit-2018-65-itr-51-sn-bang-trib-3\/"},"modified":"2018-08-07T10:04:31","modified_gmt":"2018-08-07T10:04:31","slug":"manipal-health-systems-p-ltd-v-acit-2018-65-itr-51-sn-bang-trib-3","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/manipal-health-systems-p-ltd-v-acit-2018-65-itr-51-sn-bang-trib-3\/","title":{"rendered":"Manipal Health Systems P. Ltd.  v. ACIT (2018) 65 ITR 51 (SN))  (Bang) (Trib)"},"content":{"rendered":"<p>Tribunal held that though the Hospital business was transferred as a going concern , land and building of Hospital was not transferred accordingly the Transfer of business could not be called slump sale as envisaged under S. 2(42C)\u00a0\u00a0 of the Act. Thus the capital gains could not be computed in terms\u00a0 of S.50B . The receipt of\u00a0 Rs 10 Lakhs was to be taxed in accordance with law .\u00a0 ( AY.2009 10 to 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 50B : Capital gains \u2013 Slump sale &#8211; Transfer of Hospital business \u2014 No Transfer of Land and building of Hospital \u2014 Not slump sale \u2014 Receipt on account of transfer of Hospital business taxable . [ S.2(42C) ]<\/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-1950","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-vs","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1950","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=1950"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1950\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=1950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=1950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=1950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}