{"id":5852,"date":"2019-06-20T10:27:43","date_gmt":"2019-06-20T10:27:43","guid":{"rendered":"http:\/\/itatonline.org\/digest\/dit-v-tata-institute-of-social-sciences-2019-413-itr-305-bom-hc\/"},"modified":"2019-07-14T13:35:41","modified_gmt":"2019-07-14T13:35:41","slug":"dit-v-tata-institute-of-social-sciences-2019-413-itr-305-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dit-v-tata-institute-of-social-sciences-2019-413-itr-305-bom-hc\/","title":{"rendered":"DIT  v.  Tata Institute of Social Sciences. (2019) 413 ITR 305 \/ 177 DTR 417\/ 308 CTR 759\/ 263 Taxman 387(Bom.)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that, receiving grant from Government in excess of 50 Per Cent. of its total receipts can be considered as substantially financed by Government hence entitled to\u00a0 benefit of exemption for assessment years prior to amendment.\u00a0 Original assessment u\/s 143(1)\u00a0 accordingly\u00a0 reassessment is held to be proper. (AY. 2004 -05, 2006-07, 2007 -08)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 10(23C) : Educational institution-Wholly or substantially financed by Government -Receiving grant from Government in excess of 50 Per Cent. of its total receipts-Entitled to  benefit of exemption for assessment years prior to amendment-Original assessment u\/s 143(1) \u2013 Reassessment is held to be proper.  [S.10(23C)(iiiab), 143(1), 147, 148]<\/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-5852","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1wo","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5852","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=5852"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5852\/revisions"}],"predecessor-version":[{"id":6134,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5852\/revisions\/6134"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}