{"id":3981,"date":"2019-02-17T14:12:30","date_gmt":"2019-02-17T14:12:30","guid":{"rendered":"http:\/\/itatonline.org\/digest\/acit-v-celerity-power-llp-2019-174-itd-433-197-ttj-45-mum-trib-www-itatonline-org-4\/"},"modified":"2019-06-09T09:35:20","modified_gmt":"2019-06-09T09:35:20","slug":"acit-v-celerity-power-llp-2019-174-itd-433-197-ttj-45-mum-trib-www-itatonline-org-4","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-celerity-power-llp-2019-174-itd-433-197-ttj-45-mum-trib-www-itatonline-org-4\/","title":{"rendered":"ACIT  v. Celerity Power LLP (2019) 174 ITD 433 \/197 TTJ 45 \/ 174 DTR 68  (Mum)  (Trib.) ,www.itatonline.org"},"content":{"rendered":"<p>Assessee had failed to satisfy conditions laid down in proviso to clause (xiiib) of S 47 carry forward and set off of accumulated \u00a0losses of erstwhile company by assessee LLP \u00a0is not entitled ( ITA No. 3637\/Mum\/2015 &amp; C.O No.2\/Mum\/2016, dt. 16.11.2018) . ( AY.2010 -11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 72A : Carry forward and set off of accumulated loss  \u2013 Conversion of Private Limited Company to LLP \u2013 Failure  to satisfy conditions laid down in proviso &#8211; Carry forward of losses of erstwhile company by  LLP is not entitled  .[ S.47 xiiib), 72A (6A), Limited Liability Partnership Act , 2008 , S. 56,58 (4)]<\/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-3981","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-12d","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3981","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=3981"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3981\/revisions"}],"predecessor-version":[{"id":5663,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3981\/revisions\/5663"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}