{"id":7616,"date":"2019-10-04T06:51:44","date_gmt":"2019-10-04T06:51:44","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-nalwa-sons-investment-ltd-2019-416-itr-263-delhihc-3\/"},"modified":"2019-10-04T06:51:44","modified_gmt":"2019-10-04T06:51:44","slug":"cit-v-nalwa-sons-investment-ltd-2019-416-itr-263-delhihc-3","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-nalwa-sons-investment-ltd-2019-416-itr-263-delhihc-3\/","title":{"rendered":"CIT v.  Nalwa Sons Investment Ltd.  (2019) 416 ITR 263 (Delhi)(HC)"},"content":{"rendered":"<p>The assessee was a non-banking financial institution\u00a0 advancing loans and engaging in investment activities is not speculative transactions. Accordingly the loss is allowable to be set off. (AY. 2005 -06, 2006-07, 2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 73 : Losses  in speculation business-Non-Banking financial Institution advancing Loans and making investments-Not speculative transactions-Loss is allowable to be set off.  [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-7616","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1YQ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7616","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=7616"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7616\/revisions"}],"predecessor-version":[{"id":7617,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7616\/revisions\/7617"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=7616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=7616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=7616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}