{"id":5988,"date":"2019-06-28T12:34:47","date_gmt":"2019-06-28T12:34:47","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-kores-india-ltd-2019-414-itr-47-bom-hc\/"},"modified":"2021-06-04T12:18:18","modified_gmt":"2021-06-04T06:48:18","slug":"pcit-v-kores-india-ltd-2019-414-itr-47-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-kores-india-ltd-2019-414-itr-47-bom-hc\/","title":{"rendered":"PCIT   v.  Kores India Ltd. (2019)  414 ITR 47\/ (2020) 274 Taxman 337 (Bom.) (HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that allotment of more than one unit to same family members no breach condition. Allottees Later removing partitions and combining two flats into one, no breach of condition that each unit\u00a0 should not be of\u00a0\u00a0 more than 1000 Sq. Ft<strong>. <\/strong>Argument of the revenue that\u00a0 condition\u00a0 inserted by Finance Act, 2009\u00a0 with\u00a0 effect from April 1-2010\u00a0\u00a0 is procedural and applicable to pending cases was rejected. (AY. 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80IB(10) : Housing projects- Allotment of more than one unit to members of same family-Allottees Later removing partitions and combining two flats into one-No breach of condition that each unit  should not be of   more than 1000 Sq. Ft. \u2014 Entitled to deduction.<\/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-5988","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1yA","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5988","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=5988"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5988\/revisions"}],"predecessor-version":[{"id":18912,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5988\/revisions\/18912"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}