{"id":602,"date":"2018-05-02T01:20:13","date_gmt":"2018-05-02T01:20:13","guid":{"rendered":"http:\/\/itatonline.org\/digest\/bennett-coleman-co-ltd-v-acit-2018-168-itd-631-192-ttj-377-mum-trib-2\/"},"modified":"2018-12-28T01:23:16","modified_gmt":"2018-12-28T01:23:16","slug":"bennett-coleman-co-ltd-v-acit-2018-168-itd-631-192-ttj-377-mum-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/bennett-coleman-co-ltd-v-acit-2018-168-itd-631-192-ttj-377-mum-trib-2\/","title":{"rendered":"Bennett Coleman &#038; Co. Ltd.  v. ACIT (2017) 168 ITD 631\/( 2018)192 TTJ 377 \/ 164 DTR 145 (Mum)  (Trib.)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Tribunal held that , transfer of its business division to its subsidiary against shares and debentures is not a slump sale but exchange hence provision would not be applied, as the Transfer of undertaking was not for money . ( AY. 2008 -09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 50B : Capital gains \u2013 Slump sale \u2013Cost of acquisition- Transfer of its business division to its subsidiary against shares and debentures is not a slump sale but exchange hence provision would not be applied .[ S.2(42C), 45 ]<\/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-602","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9I","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/602","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=602"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/602\/revisions"}],"predecessor-version":[{"id":3438,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/602\/revisions\/3438"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}