{"id":22823,"date":"2021-11-24T11:56:00","date_gmt":"2021-11-24T06:26:00","guid":{"rendered":"https:\/\/itatonline.org\/digest\/palresha-trading-ltd-v-dcit-2021-188-itd-129-bang-trib\/"},"modified":"2021-11-24T11:56:00","modified_gmt":"2021-11-24T06:26:00","slug":"palresha-trading-ltd-v-dcit-2021-188-itd-129-bang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/palresha-trading-ltd-v-dcit-2021-188-itd-129-bang-trib\/","title":{"rendered":"Palresha Trading Ltd. v. DCIT (2021) 188 ITD 129 (Bang.)(Trib.)"},"content":{"rendered":"<p>Tribunal held that the shares were shown as investment and there was no repetitive purchase and sale of shares. Profits assessable as short term capital gains. \u00a0(AY. 2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 45 : Capital gains-Business income-Purchase and sale of shares-No repetitive purchase and sale of shares-Profits assessable as short  term capital gains. [S. 28(i)]  <\/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-22823","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5W7","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22823","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=22823"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22823\/revisions"}],"predecessor-version":[{"id":22824,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22823\/revisions\/22824"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=22823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=22823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=22823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}