{"id":27656,"date":"2022-06-26T21:52:16","date_gmt":"2022-06-26T16:22:16","guid":{"rendered":"https:\/\/itatonline.org\/digest\/samrat-plywood-ltd-v-acit-210-ttj-743-chd-trib\/"},"modified":"2022-06-26T21:52:16","modified_gmt":"2022-06-26T16:22:16","slug":"samrat-plywood-ltd-v-acit-210-ttj-743-chd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/samrat-plywood-ltd-v-acit-210-ttj-743-chd-trib\/","title":{"rendered":"Samrat Plywood Ltd. v. ACIT 210 TTJ 743 (Chd.)(Trib.)"},"content":{"rendered":"<p>Tribunal held that the assessee had commenced the business of its eligible unit\u00a0 w..e.f 28 th December 2006, the initial assessment year is 2007-08. The loss suffered by the eligible unit in the assessment year 2007-08 could be set off against the profit of the eligible unit\u00a0 in the assessment year\u00a0 2008-09. Reassessment was quashed. \u00a0(AY. 2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80IC : Special category  States-Set off  loss-Initial assessment year-Assessment year 2007-08 is held to be initial assessment year-loss could be set off  against profit of the eligible unit in the assessment year 2008-09-Reassessment was quashed. [S. 80IA(5), 8OIC(7), 147, 148]  <\/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-27656","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7c4","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27656","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=27656"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27656\/revisions"}],"predecessor-version":[{"id":27657,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27656\/revisions\/27657"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=27656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=27656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=27656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}