{"id":43646,"date":"2024-06-14T16:11:30","date_gmt":"2024-06-14T10:41:30","guid":{"rendered":"https:\/\/itatonline.org\/digest\/oriental-insurance-co-ltd-v-dy-cit-ltu-2023102-itr-122-delhitrib-2\/"},"modified":"2024-06-14T16:11:30","modified_gmt":"2024-06-14T10:41:30","slug":"oriental-insurance-co-ltd-v-dy-cit-ltu-2023102-itr-122-delhitrib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/oriental-insurance-co-ltd-v-dy-cit-ltu-2023102-itr-122-delhitrib-2\/","title":{"rendered":"Oriental Insurance Co. Ltd. v. Dy. CIT (LTU) (2023)102 ITR 122 (Delhi)(Trib)"},"content":{"rendered":"<p>Held that investments as required by Regulations of\u00a0 Insurance Regulatory and Development Authority in secure modes to avoid loss to insured. Assessee could carry on no business other than business of\u00a0 general insurance. Equity shares could not be termed Stock-In-Trade.\u00a0 Exemption from capital gains.\u00a0 As regards the depreciation matter remanded. \u00a0(AY. 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 45 : Capital gains-Long-term capital gains from equity shares-Securities transaction tax paid-Entitle for exemption-Depreciation-Matter remanded. [S.10(38), 44, Sch.I.R.5(B)]  <\/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-43646","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-blY","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43646","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=43646"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43646\/revisions"}],"predecessor-version":[{"id":43647,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43646\/revisions\/43647"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=43646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=43646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=43646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}