{"id":7242,"date":"2019-09-14T14:19:49","date_gmt":"2019-09-14T14:19:49","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-gujarat-narmada-valley-fertilizer-and-chemicals-ltd-2019-416-itr-144-gujhc\/"},"modified":"2020-01-19T07:50:10","modified_gmt":"2020-01-19T07:50:10","slug":"cit-v-gujarat-narmada-valley-fertilizer-and-chemicals-ltd-2019-416-itr-144-gujhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-gujarat-narmada-valley-fertilizer-and-chemicals-ltd-2019-416-itr-144-gujhc\/","title":{"rendered":"PCIT  v.  Gujarat Narmada Valley Fertilizer and Chemicals Ltd.  (2019) 416 ITR 144\/ 266 Taxman 19 (Mag.)\/ 311 CTR 556 \/ 184 DTR 84(Guj)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that\u00a0\u00a0 loss incurred on\u00a0 Sale of Fertilizer Bonds received as subsidy from Government in lieu of cash is held to be allowable as business loss.\u00a0 (AY. 2009 -10)<em>\u00a0 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.28(i): Business loss- Sale of Fertilizer Bonds received as subsidy from Government in lieu of cash \u2014 Allowable as business loss . [ S. 2(14) ]<\/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-7242","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1SO","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7242","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=7242"}],"version-history":[{"count":4,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7242\/revisions"}],"predecessor-version":[{"id":9256,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7242\/revisions\/9256"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=7242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=7242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=7242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}