{"id":26029,"date":"2022-03-27T11:18:32","date_gmt":"2022-03-27T05:48:32","guid":{"rendered":"https:\/\/itatonline.org\/digest\/jsw-steel-ltd-v-dy-cit-2021-90-itr-28-sn-mum-trib\/"},"modified":"2022-03-27T11:18:32","modified_gmt":"2022-03-27T05:48:32","slug":"jsw-steel-ltd-v-dy-cit-2021-90-itr-28-sn-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/jsw-steel-ltd-v-dy-cit-2021-90-itr-28-sn-mum-trib\/","title":{"rendered":"JSW Steel Ltd. v. Dy.CIT (2021) 90 ITR 28 (SN) (Mum.)(Trib.)"},"content":{"rendered":"<p>Held that when no incriminating material was found\u00a0 the assessment u\/s. 153A is held to be not sustainable. Tribunal also held that sales tax subsidy\u00a0 is capital receipts hence\u00a0 not to be reduced from Book profits. \u00a0(AY. 2006-07)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 153A : Assessment-Search or requisition-No incriminating material was found-Assessment  not sustainable-Sales tax subsidy-Capital receipts-Not to be reduced from Book profits. [S. 4, 115JB, 132] <\/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-26029","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6LP","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/26029","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=26029"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/26029\/revisions"}],"predecessor-version":[{"id":26030,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/26029\/revisions\/26030"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=26029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=26029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=26029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}