{"id":3393,"date":"2018-12-27T11:46:55","date_gmt":"2018-12-27T11:46:55","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-hiren-dand-v-cit-2018-259-taxman-82-98-taxmann-com-427-bom-hc-editorial-slp-of-revenue-is-dismissed-cit-v-hiren-dand-2018-259-taxman-81-sc\/"},"modified":"2018-12-27T11:46:55","modified_gmt":"2018-12-27T11:46:55","slug":"cit-v-hiren-dand-v-cit-2018-259-taxman-82-98-taxmann-com-427-bom-hc-editorial-slp-of-revenue-is-dismissed-cit-v-hiren-dand-2018-259-taxman-81-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-hiren-dand-v-cit-2018-259-taxman-82-98-taxmann-com-427-bom-hc-editorial-slp-of-revenue-is-dismissed-cit-v-hiren-dand-2018-259-taxman-81-sc\/","title":{"rendered":"CIT v. Hiren Dand v. CIT (2018) 259 Taxman 82 \/ 98 taxmann.com 427  (Bom.)(HC)  Editorial : SLP of revenue is dismissed; CIT  v.  Hiren Dand (2018) 259 Taxman 81 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that; Tribunal\u00a0 gave finding that only ten scrips were traded and it was not a case of frequent buying and selling to make quick money. Accordingly the income is assessable as capital gains\u00a0 and not as business income.\u00a0 (AY. 2008 -09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 45 : Capital gains-Business income-Sale of shares-Only 10 scripts-Assessable as capital gains. [S. 28(i)]<\/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-3393","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-SJ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3393","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=3393"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3393\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}