{"id":37372,"date":"2023-09-07T11:42:39","date_gmt":"2023-09-07T06:12:39","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-royal-western-india-turf-club-ltd-2023453-itr-460-sc-editorial-order-in-cit-v-royal-western-india-turf-club-ltd2023-450-itr-707-bomhc-affirmed\/"},"modified":"2023-09-07T11:42:39","modified_gmt":"2023-09-07T06:12:39","slug":"pcit-v-royal-western-india-turf-club-ltd-2023453-itr-460-sc-editorial-order-in-cit-v-royal-western-india-turf-club-ltd2023-450-itr-707-bomhc-affirmed","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-royal-western-india-turf-club-ltd-2023453-itr-460-sc-editorial-order-in-cit-v-royal-western-india-turf-club-ltd2023-450-itr-707-bomhc-affirmed\/","title":{"rendered":"PCIT v. Royal Western India Turf Club Ltd. (2023)453 ITR 460 (SC) Editorial: Order in CIT v. Royal Western India Turf Club Ltd(2023) 450 ITR 707 (Bom)(HC), affirmed"},"content":{"rendered":"<p>Dismissing the SLP of the Revenue, the Court held that the order of the High Court\u00a0 affirming the order of the Tribunal holding that\u00a0 the entrance fees paid by a member of the assessee-club constituted a capital receipt.\u00a0 (AY. 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 4 : Charge of income-tax -Entrance fees paid by Member -Capital receipt.  [S. 28(i), Art, 136] <\/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-37372","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9IM","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/37372","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=37372"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/37372\/revisions"}],"predecessor-version":[{"id":37373,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/37372\/revisions\/37373"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=37372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=37372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=37372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}