{"id":59537,"date":"2026-04-17T12:02:59","date_gmt":"2026-04-17T06:32:59","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-sharan-svadha-llp-2025-306-taxman-92-sc-editorial-pcit-v-sharan-svadha-llp-2025-176-taxmann-com-88-delhihc\/"},"modified":"2026-04-17T12:02:59","modified_gmt":"2026-04-17T06:32:59","slug":"pcit-v-sharan-svadha-llp-2025-306-taxman-92-sc-editorial-pcit-v-sharan-svadha-llp-2025-176-taxmann-com-88-delhihc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-sharan-svadha-llp-2025-306-taxman-92-sc-editorial-pcit-v-sharan-svadha-llp-2025-176-taxmann-com-88-delhihc\/","title":{"rendered":"PCIT v. Sharan Svadha LLP (2025) 306 Taxman 92 (SC) Editorial: PCIT v. Sharan Svadha LLP (2025) 176 taxmann.com 88 (Delhi)(HC)"},"content":{"rendered":"<p>Section 50C applies only to an\u00a0<strong>assessee who has received, or to whom consideration has accrued<\/strong><strong>,<\/strong> as a result of the transfer of a capital asset. The provision is concerned\u00a0<strong>exclusively with the seller of the property<\/strong><strong>,<\/strong> and its deeming fiction has<strong>\u00a0<\/strong><strong>no application to the purchaser<\/strong><strong>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 50C : Capital gains-Full value of consideration-Stamp valuation-Deeming fiction has no application to the purchaser-Dealy of 350 days-SLP dismissed on account of delay. [S. 45, Art. 136]<\/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":[21],"tags":[],"class_list":["post-59537","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-fuh","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59537","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=59537"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59537\/revisions"}],"predecessor-version":[{"id":59538,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59537\/revisions\/59538"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=59537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=59537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=59537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}