{"id":3243,"date":"2018-12-15T00:43:16","date_gmt":"2018-12-15T00:43:16","guid":{"rendered":"http:\/\/itatonline.org\/digest\/opj-trading-p-ltd-v-ito-2018-259-taxman-36-guj-hc\/"},"modified":"2018-12-15T00:43:16","modified_gmt":"2018-12-15T00:43:16","slug":"opj-trading-p-ltd-v-ito-2018-259-taxman-36-guj-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/opj-trading-p-ltd-v-ito-2018-259-taxman-36-guj-hc\/","title":{"rendered":"OPJ Trading (P.) Ltd. v. ITO (2018) 259 taxman 36 (Guj) ( HC)"},"content":{"rendered":"<p>Dismissing the petition the Court held that ;certificate issued on the basis of tentative re-working of assessee&#8217;s accounts formed a prima facie opinion and suggested collection of tax at reduced rate of 1 per cent is justified . Court also held that not considering\u00a0 the\u00a0 projection of losses for reduced rate is help to be proper . ( AY.208-19)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 197 : Deduction at source &#8211; Certificate for lower rate &#8211; Certificate issued on the basis of tentative re-working of assessee&#8217;s accounts formed a prima facie opinion and suggested collection of tax at reduced rate of 1 per cent is justified \u2013 Not considering  the  projection of losses for reduced rate is help to be proper .[ S.197(2) ]<\/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-3243","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-Qj","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3243","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=3243"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3243\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}