{"id":22913,"date":"2021-11-24T13:47:29","date_gmt":"2021-11-24T08:17:29","guid":{"rendered":"https:\/\/itatonline.org\/digest\/sir-ratan-tata-trust-v-dcit-2021-188-itd-151-mum-trib\/"},"modified":"2021-11-24T13:47:29","modified_gmt":"2021-11-24T08:17:29","slug":"sir-ratan-tata-trust-v-dcit-2021-188-itd-151-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/sir-ratan-tata-trust-v-dcit-2021-188-itd-151-mum-trib\/","title":{"rendered":"Sir Ratan Tata Trust v. DCIT (2021) 188 ITD 151 (Mum.)(Trib.)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Tribunal held that, investment in shares has been accepted as part of corpus over four decades. Interest income\u00a0 qualified for exemption.\u00a0\u00a0 Assessing Officer has adopted\u00a0 a course permissible in law.\u00a0\u00a0 Revision is held to be not valid.\u00a0\u00a0 (AY. 2014-15)\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 263 : Commissioner-Revision of orders prejudicial to revenue-Investment in shares has been accepted as part of corpus over four decades-Interest income  qualified for exemption-Assessing Officer has adopted  ab course permissible in law-Revision is held to be not valid. [S. 11(5), 13(1)(d), 13(2)(h), 13(3)]  <\/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-22913","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5Xz","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22913","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=22913"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22913\/revisions"}],"predecessor-version":[{"id":22914,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22913\/revisions\/22914"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=22913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=22913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=22913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}