{"id":5851,"date":"2019-06-20T10:27:25","date_gmt":"2019-06-20T10:27:25","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-morgan-stanley-mauritius-co-ltd-2019-413-itr-332-308-ctr-139-bom-hc\/"},"modified":"2019-08-25T08:18:42","modified_gmt":"2019-08-25T08:18:42","slug":"cit-v-morgan-stanley-mauritius-co-ltd-2019-413-itr-332-308-ctr-139-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-morgan-stanley-mauritius-co-ltd-2019-413-itr-332-308-ctr-139-bom-hc\/","title":{"rendered":"CIT   v. Morgan Stanley Mauritius Co. Ltd. (2019) 413 ITR 332 \/ 308 CTR 139 \/ 176 DTR 413(Bom.)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that the additional amount received by the assessee was part of the offer from the sale of shares made by it. The additional sum was part of the sale price and retained the same character as the original price of the share. The additional receipt of the assessee relatable to this component was a capital receipt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 4 : Charge of income-tax\u2013Capital or revenue\u2013Sale of shares upon open offer\u2013Additional consideration paid in terms of open offer due to delay  in making offer  and dispatch of letter offer- Capital receipt.<\/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-5851","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1wn","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5851","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=5851"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5851\/revisions"}],"predecessor-version":[{"id":6719,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5851\/revisions\/6719"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}