{"id":3069,"date":"2018-12-07T01:22:27","date_gmt":"2018-12-07T01:22:27","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-sarangpur-co-operative-bank-ltd-2018-258-taxman-230-guj-hc\/"},"modified":"2018-12-07T01:22:27","modified_gmt":"2018-12-07T01:22:27","slug":"pcit-v-sarangpur-co-operative-bank-ltd-2018-258-taxman-230-guj-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-sarangpur-co-operative-bank-ltd-2018-258-taxman-230-guj-hc\/","title":{"rendered":"PCIT v. Sarangpur Co-operative Bank Ltd. (2018) 258 Taxman 230 (Guj.)(HC)"},"content":{"rendered":"<p><span lang=\"EN-US\">Dismissing the appeal of the revenue the Court held that , assessee a Co-operative Bank which followed<\/span><span lang=\"EN-US\">mercantile system of\u00a0 accounting is not liable to be taxed on notional interest on non-performing assets.\u00a0\u00a0 <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 5 : Scope of total income -Accrual- Mercantile system of  accounting -Not liable to be taxed on notional interest on non-performing assets. [ S. 145 ]<\/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":[1],"tags":[],"class_list":["post-3069","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-Nv","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3069","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=3069"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3069\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}