{"id":27403,"date":"2022-06-26T17:44:57","date_gmt":"2022-06-26T12:14:57","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dy-cit-v-hothur-mohamed-iqbal-2021214-ttj-996-208-dtr-385-2022-192-itd-64-bang-trib\/"},"modified":"2022-06-26T17:44:57","modified_gmt":"2022-06-26T12:14:57","slug":"dy-cit-v-hothur-mohamed-iqbal-2021214-ttj-996-208-dtr-385-2022-192-itd-64-bang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-hothur-mohamed-iqbal-2021214-ttj-996-208-dtr-385-2022-192-itd-64-bang-trib\/","title":{"rendered":"Dy. CIT v. Hothur Mohamed Iqbal (2021)214 TTJ 996 \/ 208 DTR 385 \/ (2022) 192 ITD 64 (Bang.)(Trib.)"},"content":{"rendered":"<p>Policy was assigned in name of assessee on 2-6-2009, whereas, it matured on 10-2-2015, i.e. during previous year relevant to assessment year 2015-16, at time of maturity of Keyman Insurance Policy, amendment is section 10:10D) by way of Explanation 1, had already been made effective. Therefore, assessee would not be eligible to claim exemption under section 10(10D) on maturity value of Keyman Insurance Policy<strong>. <\/strong>Tribunal held that as no valid notice was issued the order was quashed and set aside.<strong>\u00a0 <\/strong>(AY. 2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 10(10D) : Life insurance policy-Keyman insurance policy-Amended Explanation 1-Not eligible to claim exemption-No valid notice was issued-Order was quashed. [S. 143(2), 143(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-27403","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-77Z","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27403","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=27403"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27403\/revisions"}],"predecessor-version":[{"id":27404,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27403\/revisions\/27404"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=27403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=27403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=27403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}