{"id":25189,"date":"2022-02-26T13:56:17","date_gmt":"2022-02-26T08:26:17","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-bhageeratha-engineering-ltd-no-2-2021-439-itr-713-ker-hc\/"},"modified":"2022-02-26T13:56:17","modified_gmt":"2022-02-26T08:26:17","slug":"cit-v-bhageeratha-engineering-ltd-no-2-2021-439-itr-713-ker-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-bhageeratha-engineering-ltd-no-2-2021-439-itr-713-ker-hc\/","title":{"rendered":"CIT v. Bhageeratha Engineering Ltd. (No. 2) (2021) 439 ITR 713 (Ker.)(HC)"},"content":{"rendered":"<p>Allowing the appeal of the revenue the Court held that by virtue of the decision of the Tribunal the claim of the assessee for loss on revaluation and sale of Government bonds had been accepted. In accounting parlance, these items were to be deleted from the gross total income of the assessee. The quantification under section\u00a080HHB\u00a0should have been done correspondingly. The deduction under section\u00a080HHB\u00a0under the quantifying order dated July 28, 2003 was correct. (AY.1996-97)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80HHB : Projects outside India-Gross total income-Additional deduction to be computed on the basis of recomputed gross total income. <\/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-25189","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6yh","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25189","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=25189"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25189\/revisions"}],"predecessor-version":[{"id":25190,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25189\/revisions\/25190"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=25189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=25189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=25189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}