{"id":666,"date":"2018-05-06T07:36:03","date_gmt":"2018-05-06T07:36:03","guid":{"rendered":"http:\/\/itatonline.org\/digest\/balkrishna-p-wadhwan-v-dcit-2018-169-itd-693-mum-trib\/"},"modified":"2018-05-06T07:36:03","modified_gmt":"2018-05-06T07:36:03","slug":"balkrishna-p-wadhwan-v-dcit-2018-169-itd-693-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/balkrishna-p-wadhwan-v-dcit-2018-169-itd-693-mum-trib\/","title":{"rendered":"Balkrishna P. Wadhwan.  v. DCIT (2018) 169 ITD 693  (Mum)  (Trib.)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Tribunal held that ; Sale consideration  received in respect   of property received on dissolution of partnership of firm of his father  was held to be assessable as capital gain and not as business income  . As regards expenditure incurred on levelling and construction of boundary wall, the matter was remanded to the AO for verification. ( AY.2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.45: Capital gains- Business income \u2013Land -Sale consideration  received in respect   of property received on dissolution of partnership of firm of his father  was held to be assessable as capital gain and not as business income [ S. 2(14),28(i) ]<\/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-666","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-aK","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/666","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=666"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/666\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}