{"id":20366,"date":"2021-07-21T11:07:04","date_gmt":"2021-07-21T05:37:04","guid":{"rendered":"https:\/\/itatonline.org\/digest\/sbs-biotech-unit-i-v-pcit-2020-114-taxmann-com-99-himachal-pradeshhc-editorial-slp-of-revenue-is-dismissed-pcit-v-sbs-biotech-unit-i-2020-270-taxman-173-sc\/"},"modified":"2021-07-21T11:07:04","modified_gmt":"2021-07-21T05:37:04","slug":"sbs-biotech-unit-i-v-pcit-2020-114-taxmann-com-99-himachal-pradeshhc-editorial-slp-of-revenue-is-dismissed-pcit-v-sbs-biotech-unit-i-2020-270-taxman-173-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/sbs-biotech-unit-i-v-pcit-2020-114-taxmann-com-99-himachal-pradeshhc-editorial-slp-of-revenue-is-dismissed-pcit-v-sbs-biotech-unit-i-2020-270-taxman-173-sc\/","title":{"rendered":"SBS Biotech Unit-I v. PCIT (2020) 114 taxmann.com 99 (Himachal Pradesh)(HC) Editorial : SLP of revenue is dismissed PCIT v. SBS Biotech Unit-I (2020) 270 Taxman 173 (SC)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Court held that the assessee undertaking which carried out &#8216;substantial expansion&#8217; within specified window period i.e. between 7-1-2003 and 1-4-2012, would be entitled to deduction on profits at rate of 100 per cent, under section 80IC post said expansion. Followed Stovekraft India\u00a0v.\u00a0CIT\u00a0(2018) 400 ITR 225 (Himachal Pradesh)(HC)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80IC : Special category  States-Substantial expansion-Entitle to deduction. <\/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-20366","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5iu","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20366","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=20366"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20366\/revisions"}],"predecessor-version":[{"id":20367,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20366\/revisions\/20367"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=20366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=20366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=20366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}