{"id":7339,"date":"2019-09-24T05:51:17","date_gmt":"2019-09-24T05:51:17","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-gopal-das-estates-housing-p-ltd-2019-308-ctr-201-delhihc\/"},"modified":"2019-09-24T05:51:17","modified_gmt":"2019-09-24T05:51:17","slug":"cit-v-gopal-das-estates-housing-p-ltd-2019-308-ctr-201-delhihc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-gopal-das-estates-housing-p-ltd-2019-308-ctr-201-delhihc\/","title":{"rendered":"CIT v. Gopal Das Estates &#038; Housing (P) Ltd. (2019) 308 CTR 201 (Delhi)(HC)"},"content":{"rendered":"<p>Following the rule of consistency, rental income of the assessee from the properties forming stock-in-trade would be income from house property and not business income. (AY. 1995-96 to 2009-10) (ITA No. 210 of 2003; dt. 20.03.2019)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 22 : Income from house property\u2013Rental income from letting out of stock-in-trade was consistently held to be taxable under the head income from house property\u2013Held, consistency principle to be followed. [S. 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-7339","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1Un","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7339","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=7339"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7339\/revisions"}],"predecessor-version":[{"id":7340,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7339\/revisions\/7340"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=7339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=7339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=7339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}