{"id":65184,"date":"2026-10-30T10:13:55","date_gmt":"2026-10-30T04:43:55","guid":{"rendered":"https:\/\/itatonline.org\/digest\/graphite-india-ltd-v-cit-2026-310-taxman-543-calhc\/"},"modified":"2026-10-30T10:13:55","modified_gmt":"2026-10-30T04:43:55","slug":"graphite-india-ltd-v-cit-2026-310-taxman-543-calhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/graphite-india-ltd-v-cit-2026-310-taxman-543-calhc\/","title":{"rendered":"Graphite India Ltd. v. CIT (2026) 310 Taxman 543 (Cal)(HC)"},"content":{"rendered":"<p>Held that the assessee-company received sales tax remission under West Bengal Incentive Scheme for expansion of its unit in a backward area, remission being linked to fixed capital investment, such remission was capital in nature. (AY. 2001-02)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 4: Charge of income-tax-Income-Sales tax incentive\/remission received under a State incentive scheme constituted a capital receipt not chargeable to tax. [S. 2(24)]  <\/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-65184","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gXm","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/65184","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=65184"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/65184\/revisions"}],"predecessor-version":[{"id":65185,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/65184\/revisions\/65185"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=65184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=65184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=65184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}