{"id":5782,"date":"2019-06-14T12:33:02","date_gmt":"2019-06-14T12:33:02","guid":{"rendered":"http:\/\/itatonline.org\/digest\/south-india-corporation-ltd-v-acit-2019-412-itr-239-ker-hc-3\/"},"modified":"2019-09-07T15:00:04","modified_gmt":"2019-09-07T15:00:04","slug":"south-india-corporation-ltd-v-acit-2019-412-itr-239-ker-hc-3","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/south-india-corporation-ltd-v-acit-2019-412-itr-239-ker-hc-3\/","title":{"rendered":"South India Corporation Ltd. v. ACIT (2019) 412 ITR 239\/ 177 DTR 337 (Ker.)(HC)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Court held that, the initial year for the purpose of section 80-IA was the initial assessment year from which the deduction commenced and the assessee was entitled to the notional carry forward from that particular year. CBDT Circular No 1 of 2016 dt. 15-2-2016 (2016) 381 ITR 1 (St.)\u00a0 (AY. 2002-03, 2003-04)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80IA : Industrial undertakings-Assessee has option to choose initial year- Entitled to notional carry forward of loss from that particular Year. [S. 80]<\/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-5782","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1vg","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5782","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=5782"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5782\/revisions"}],"predecessor-version":[{"id":7095,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5782\/revisions\/7095"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}