{"id":6703,"date":"2019-08-25T08:09:20","date_gmt":"2019-08-25T08:09:20","guid":{"rendered":"http:\/\/itatonline.org\/digest\/chandra-prakash-jhunjhunwala-v-dcit-koltrib-www-itatonline-org-2\/"},"modified":"2021-06-17T14:33:42","modified_gmt":"2021-06-17T09:03:42","slug":"chandra-prakash-jhunjhunwala-v-dcit-koltrib-www-itatonline-org-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/chandra-prakash-jhunjhunwala-v-dcit-koltrib-www-itatonline-org-2\/","title":{"rendered":"Chandra Prakash Jhunjhunwala v. DCIT ( 2019) 201 TTJ 831\/( 2020) 181 ITD 185 \/188 DTR 108 (Kol)(Trib), www.itatonline.org"},"content":{"rendered":"<p><strong>Tribunal held that though the 3rd Proviso to S. 50C, which provides a safe harbour of 5%, applies w.e.f. 01.04.2019, it must be interpreted to apply since the insertion of S. 50C (01.04.2003) because it is curative and removes an incongruity and avoids undue hardship to assesseess .<\/strong>\u00a0 (ITA No. ITA No.2351\/Kol\/2017, dt. 09.08.2019)( AY. 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 50C : Capital gains-Full value of consideration- stamp valuation- Though the 3rd Proviso to S. 50C, which provides a safe harbour of 5%, applies w.e.f. 01.04.2019, it must be interpreted to apply since the insertion of s. 50C (01.04.2003) because it is curative and removes an incongruity and avoids undue hardship to assessees. [ S. 43CA, 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-6703","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1K7","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6703","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=6703"}],"version-history":[{"count":4,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6703\/revisions"}],"predecessor-version":[{"id":19303,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6703\/revisions\/19303"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=6703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=6703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=6703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}