{"id":4703,"date":"2019-04-04T12:03:36","date_gmt":"2019-04-04T12:03:36","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-r-f-nangrani-huf-2018-167-dtr-28-304-ctr-12-bom-hc\/"},"modified":"2019-04-04T12:03:36","modified_gmt":"2019-04-04T12:03:36","slug":"pcit-v-r-f-nangrani-huf-2018-167-dtr-28-304-ctr-12-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-r-f-nangrani-huf-2018-167-dtr-28-304-ctr-12-bom-hc\/","title":{"rendered":"PCIT v. R.F. Nangrani (HUF) (2018) 167 DTR 28 \/ 304 CTR 12 (Bom.)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that the amount received by retiring partner on account of good will is held to be not taxable. Followed\u00a0 CIT \u00a0v. Riyaz A. Sheik ( 2014) 221 Taxman 118 ( Bom) (HC). (AY. 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 45 : Capital gains\u2013Long term capital gains-Firm-Retirement- Amount  received by retiring partner as good will is held to be not taxable  as capital gains.<\/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-4703","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1dR","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/4703","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=4703"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/4703\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=4703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=4703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=4703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}