{"id":30488,"date":"2022-10-25T11:24:17","date_gmt":"2022-10-25T05:54:17","guid":{"rendered":"https:\/\/itatonline.org\/digest\/chain-singh-mundra-v-ito-2022-194-itd-718-216-ttj-761-211-dtr-377-chd-trib\/"},"modified":"2022-10-25T11:24:17","modified_gmt":"2022-10-25T05:54:17","slug":"chain-singh-mundra-v-ito-2022-194-itd-718-216-ttj-761-211-dtr-377-chd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/chain-singh-mundra-v-ito-2022-194-itd-718-216-ttj-761-211-dtr-377-chd-trib\/","title":{"rendered":"Chain Singh Mundra v. ITO (2022) 194 ITD 718 \/ 216 TTJ 761 \/ 211 DTR 377 (Chd.)(Trib.)"},"content":{"rendered":"<p>Held that the property is an industrial plot not a residential plot as clearly borne out from the contents of the sale deed as also from the valuation report, the benefit of deduction u\/s 54 is not available.\u00a0 Allowed deduction u\/s 54F of the Act (AY. 2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 54 : Capital gains-Profit on sale of property used for residence-Sale of industrial plot of land with an office builtup area on ground floor and so-called residential built up area on first floor-Not entitled to deduction u\/s. 54 of the Act-Allowed deduction u\/s. 54F  [S. 54F]  <\/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-30488","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7VK","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/30488","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=30488"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/30488\/revisions"}],"predecessor-version":[{"id":30489,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/30488\/revisions\/30489"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=30488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=30488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=30488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}