{"id":778,"date":"2018-05-11T06:48:37","date_gmt":"2018-05-11T06:48:37","guid":{"rendered":"http:\/\/itatonline.org\/digest\/acit-v-usha-b-madan-smt-mum-trib-www-iaat-nic-penelope-anndos-v-ito-mum-tribwww-itat-nic-vilma-marry-pereira-v-ito-mum-trib-www-itat-nec\/"},"modified":"2018-05-11T06:48:37","modified_gmt":"2018-05-11T06:48:37","slug":"acit-v-usha-b-madan-smt-mum-trib-www-iaat-nic-penelope-anndos-v-ito-mum-tribwww-itat-nic-vilma-marry-pereira-v-ito-mum-trib-www-itat-nec","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-usha-b-madan-smt-mum-trib-www-iaat-nic-penelope-anndos-v-ito-mum-tribwww-itat-nic-vilma-marry-pereira-v-ito-mum-trib-www-itat-nec\/","title":{"rendered":"ACIT v.Usha B.Madan (Smt)( Mum) (Trib)  www.iaat.nic   Penelope AnnDos v. ITO ( Mum) (Trib)www.itat.nic   Vilma Marry Pereira v. ITO ( Mum) (Trib) www.itat.nec."},"content":{"rendered":"<p>The Tribunal held that , garage is also part of the house and entitle to exemption. Tribunal  also observed  that it is an universally accepted fact that  car parking in a society cannot be separately purchased.  .Therefore , when any flat in the society is purchased along with car parking , then the investment in the flat and car parking will be considered as investment in the residential house . ( ITA No . 4258\/M\/2011 dt. 13-06 -2012) ( AY. 2008 -09)( ITA No 7928\/Mum\/2010  \u201cC\u201d dt. 6-09-2013 ( AY. 2006 -07) ( ITA No. 8797\/Mum\/2010 \u201cF\u201d  dt. 27-02 2015) (AY. 2007 -08)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.54: Capital gains- Profit on sale of property used for residence- Garage is also part of the house and eligible for exemption [ S.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-778","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cy","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/778","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=778"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/778\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}