{"id":36064,"date":"2023-08-28T16:29:27","date_gmt":"2023-08-28T10:59:27","guid":{"rendered":"https:\/\/itatonline.org\/digest\/ambaben-jamubhai-patel-v-ito-2022-219-ttj-674-218-dtr-41-surat-trib-2\/"},"modified":"2023-08-28T16:29:27","modified_gmt":"2023-08-28T10:59:27","slug":"ambaben-jamubhai-patel-v-ito-2022-219-ttj-674-218-dtr-41-surat-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/ambaben-jamubhai-patel-v-ito-2022-219-ttj-674-218-dtr-41-surat-trib-2\/","title":{"rendered":"Ambaben Jamubhai Patel v. ITO (2022) 219 TTJ 674 \/ 218 DTR 41 (Surat) (Trib)"},"content":{"rendered":"<p>Held that Compensation received for constructed property on compulsory acquisition of land is assessable as a capital gain and directed to treat\u00a0 60 per cent as cost of acquisition. \u00a0(AY. 2007-08)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 45 : Capital gains-Income from other sources-Compensation received for constructed property on compulsory acquisition of land-Assessable as a capital gain-Directed to treat  60 per cent as cost of acquisition-Reassessment was held to be valid. [S. 48, 147, 148] <\/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-36064","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9nG","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36064","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=36064"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36064\/revisions"}],"predecessor-version":[{"id":36065,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36064\/revisions\/36065"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=36064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=36064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=36064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}