{"id":2385,"date":"2018-09-14T13:37:22","date_gmt":"2018-09-14T13:37:22","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-p-n-bhaskaran-dr-v-2018-257-taxman-161-kerhc\/"},"modified":"2018-10-13T06:40:15","modified_gmt":"2018-10-13T06:40:15","slug":"cit-v-p-n-bhaskaran-dr-v-2018-257-taxman-161-kerhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-p-n-bhaskaran-dr-v-2018-257-taxman-161-kerhc\/","title":{"rendered":"CIT   v.  P.N. Bhaskaran (Dr. ) v . (2018)407 ITR 169\/ 257 Taxman 161 (Ker)(HC)"},"content":{"rendered":"<p>On appeal by the revenue the revision was up held\u00a0 , however on merit, deduction is allowed where assessee invested sale proceeds of hospital business in UTI within prescribed time period. As regards share of daughter received by way of release , the matter was remanded to verify whether period\u00a0 exceeded 36 months and decide according to law. ( AY.1999-200)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 263 : Commissioner &#8211; Revision of orders prejudicial to revenue -Capital gains- Firm- Investment in specified assets- Revision up held -On merit ,  deduction is allowed where assessee invested sale proceeds of hospital business in UTI within prescribed time period-  Share of daughter received by way of release , the matter was remanded to verify whether period  exceeded 36 months and decide according to law . [ 45(4) 54EA ]<\/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-2385","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-Ct","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2385","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=2385"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2385\/revisions"}],"predecessor-version":[{"id":2436,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2385\/revisions\/2436"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=2385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=2385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=2385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}