{"id":2283,"date":"2018-09-09T03:31:50","date_gmt":"2018-09-09T03:31:50","guid":{"rendered":"http:\/\/itatonline.org\/digest\/acit-v-swiftsol-i-p-ltd-2018-171-itd-577-nag-trib\/"},"modified":"2018-09-09T03:31:50","modified_gmt":"2018-09-09T03:31:50","slug":"acit-v-swiftsol-i-p-ltd-2018-171-itd-577-nag-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-swiftsol-i-p-ltd-2018-171-itd-577-nag-trib\/","title":{"rendered":"ACIT  v.  Swiftsol (I) (P.) Ltd. (2018) 171 ITD 577 (Nag.)   (Trib.)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Tribunal held that ; Purchase of\u00a0 shares of a non-related company at a price less than fair value as it was a loss making concern\u00a0 cannot be assessed as benefit or perquisites.( AY.2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 28(iv) : Business income &#8211; Value of any benefit or perquisites &#8211; Converted in to money or not -Purchase of  shares of a non-related company at a price less than fair value as it was a loss making concern  cannot be assessed as benefit or perquisites . [ S.2(24 ) ]<\/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-2283","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-AP","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2283","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=2283"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2283\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=2283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=2283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=2283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}