{"id":35472,"date":"2023-08-24T14:06:50","date_gmt":"2023-08-24T08:36:50","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dow-chemical-international-p-ltd-v-ito-2022-100-itr-82-mum-trib\/"},"modified":"2023-08-24T14:06:50","modified_gmt":"2023-08-24T08:36:50","slug":"dow-chemical-international-p-ltd-v-ito-2022-100-itr-82-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dow-chemical-international-p-ltd-v-ito-2022-100-itr-82-mum-trib\/","title":{"rendered":"Dow Chemical International P. Ltd. v. ITO (2022) 100 ITR 82 (Mum.)(Trib.)"},"content":{"rendered":"<p>Held that there was no restriction on the assessee to carry out its activity of marketing support services to anyone upon cancellation of the contract. There was no damage or impairment to the assessee\u2019s trading structure nor removal of any employee of the marketing team by way of amendment to the agreement and, therefore, there was no loss of source of income. The entire marketing team was capable of rendering services as was the case before termination of the agreement. Since there was no error in the order of the Dispute Resolution Panel, it was to be upheld. <em>(<\/em>AY. 2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 4 : Charge of income-tax-Capital or  revenue receipt-Compensation for termination of  marketing support agreement-No loss of  source of  income-Not  capital nature assessable as business income. [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":[21],"tags":[],"class_list":["post-35472","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9e8","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35472","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=35472"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35472\/revisions"}],"predecessor-version":[{"id":35473,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35472\/revisions\/35473"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=35472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=35472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=35472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}