{"id":6229,"date":"2019-07-31T00:55:01","date_gmt":"2019-07-31T00:55:01","guid":{"rendered":"http:\/\/itatonline.org\/digest\/global-estate-v-cit-sc-www-itatonline-org\/"},"modified":"2020-03-23T00:57:20","modified_gmt":"2020-03-23T00:57:20","slug":"global-estate-v-cit-sc-www-itatonline-org","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/global-estate-v-cit-sc-www-itatonline-org\/","title":{"rendered":"Global Estate v. CIT ( 2020 ) 114 taxman .com 96  (SC), www.itatonline.org"},"content":{"rendered":"<p><strong>Apex Court stayed the judgement in \u00a0CIT v. Global Reality( 2015) 379 ITR 107 (MP) (HC) ( 2020)114 taxman 95 (MP) (HC)\u00a0 where it was held that issuance of completion certificate, after the cut off date by the Local Authority but, mentioning the date of completion of project before the cut off date, does not satisfy \u00a0the condition specified in clause (a) of Section 80IB (10) read with Explanation (ii) thereunder hence \u00a0not entitle to exemption . <\/strong>( SLP Nos. 35004-05\/2015, dt. 08.07.2019)( AY. 2004 -05 to 2006 -07)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80IB(10): Housing project &#8211; Stay of judgement  in CIT v. Global Reality(2015) 379 ITR 107 (MP) where it was held that issuance of completion certificate, after the cut off date by the Local Authority but, mentioning the date of completion of project before the cut -off date, does not  satisfy  the condition specified in clause (a) of Section 80IB (10) read with Explanation (ii) thereunder hence not entitle to exemption . [ S.80IB(10)(a) ]<\/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-6229","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1Ct","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6229","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=6229"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6229\/revisions"}],"predecessor-version":[{"id":10735,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6229\/revisions\/10735"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=6229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=6229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=6229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}