{"id":530,"date":"2018-04-30T09:25:25","date_gmt":"2018-04-30T09:25:25","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-atlantis-multiplex-p-ltd-2018-400-itr-458-all-hc\/"},"modified":"2018-04-30T09:25:25","modified_gmt":"2018-04-30T09:25:25","slug":"pcit-v-atlantis-multiplex-p-ltd-2018-400-itr-458-all-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-atlantis-multiplex-p-ltd-2018-400-itr-458-all-hc\/","title":{"rendered":"PCIT v.  Atlantis Multiplex P. Ltd.  (2018) 400 ITR 458 (All) (HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue , the Court held that; the  two views were possible before the Assessing Officer and on the basis of the main objects and the nature of income derived by the assessee, if he had taken one view of the matter, it was not erroneous in law or likely to cause prejudice to the Revenue so as to permit interference in exercise of revisional jurisdiction by the Commissioner. The Tribunal rightly set aside the order of the Commissioner as without jurisdiction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 263 : Commissioner &#8211; Revision of orders prejudicial to revenue -Income  from letting out shops \u2013 Income from house property or business income \u2013 Two views possible \u2013 Revision was held to be not  valid<\/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-530","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8y","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/530","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=530"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/530\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}