{"id":63604,"date":"2026-08-03T23:07:30","date_gmt":"2026-08-03T17:37:30","guid":{"rendered":"https:\/\/itatonline.org\/digest\/hindustan-coca-cola-beverages-p-ltd-v-add-cit-2025-122-itr-290-delhitrib-5\/"},"modified":"2026-08-03T23:07:30","modified_gmt":"2026-08-03T17:37:30","slug":"hindustan-coca-cola-beverages-p-ltd-v-add-cit-2025-122-itr-290-delhitrib-5","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/hindustan-coca-cola-beverages-p-ltd-v-add-cit-2025-122-itr-290-delhitrib-5\/","title":{"rendered":"Hindustan Coca Cola Beverages (P.) Ltd. v. Add. CIT (2025) 122 ITR 290 (Delhi)(Trib.)"},"content":{"rendered":"<p>The assessee sought to reduce the cost of freehold land by relying on business impairment adjustments recorded in its books after acquiring a business through a slump sale. The Tribunal held that impairment adjustments made for accounting purposes under the Companies Act could not alter the actual cost of acquisition for income-tax purposes. The indexed cost of acquisition had to be computed on the actual acquisition cost of the land, and the addition made by the Assessing Officer was upheld. <strong>(<\/strong>AY. 2014-15).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 50B : Capital gains-Slump sale-Freehold land-Business impairment adjustment in books-Indexed cost to be computed on actual cost-Addition sustained.[S. 2(24C), 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_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-63604","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gxS","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/63604","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=63604"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/63604\/revisions"}],"predecessor-version":[{"id":63605,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/63604\/revisions\/63605"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=63604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=63604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=63604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}