{"id":24626,"date":"2022-02-07T12:47:42","date_gmt":"2022-02-07T07:17:42","guid":{"rendered":"https:\/\/itatonline.org\/digest\/batliboi-ltd-v-ito-2021-62-cch-160-mum-trib\/"},"modified":"2022-02-07T12:47:42","modified_gmt":"2022-02-07T07:17:42","slug":"batliboi-ltd-v-ito-2021-62-cch-160-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/batliboi-ltd-v-ito-2021-62-cch-160-mum-trib\/","title":{"rendered":"Batliboi Ltd. v. ITO (2021) 62 CCH 160 (Mum.)(Trib.)"},"content":{"rendered":"<p>Held that sale of additional FSI for which no cost was incurred hence not exigible for long term capital gains.\u00a0 Followed CIIT v. Kailash Jyoti No. 2 CHS and Ors. ITA No. 1607 of 2013 dt. \u00a024-4-2015 (Bom)(HC) \u00a0(ITA No. 6228 \/Mum\/ 2017, dt. 21-5-2021) (AY. 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 4 : Charge of income-tax-Sale of FSI-Development Control Regulation (DCR)-Capital receipt-Not assessable as long term capital gains. [S. 2(24), 45] <\/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-24626","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6pc","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/24626","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=24626"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/24626\/revisions"}],"predecessor-version":[{"id":24627,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/24626\/revisions\/24627"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=24626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=24626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=24626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}