{"id":29118,"date":"2022-08-20T09:23:26","date_gmt":"2022-08-20T03:53:26","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=29118"},"modified":"2022-08-23T06:28:58","modified_gmt":"2022-08-23T00:58:58","slug":"section-562x-of-the-i-t-act","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/section-562x-of-the-i-t-act\/","title":{"rendered":"Section 56(2)(x) of the I.T Act"},"content":{"rendered":"<p>One immovable property (flat)was purchased before 01\/04\/2017 for which all payments were made before 01\/04\/2017. allotment of the property as well as possession was given before 01\/04\/2017. However, due to some reasons the registration (purchase deed) was done after 01\/04\/2017.<\/p>\n<p>As we all know that section 56(2)(x) of the I.T Act came into effect from 01\/04\/2017 my question is that will provisions of section 56(2)(x) of the I.T Act will be attracted in this case?<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[33],"qa_category":[23],"qa_tag":[675,35,485],"class_list":["post-29118","qa","type-qa","status-publish","hentry","qa_expert-advocate-shashi-ashok-bekal","qa_category-income-tax","qa_tag-allotment-lettet","qa_tag-registration","qa_tag-section-562x"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/29118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=29118"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=29118"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=29118"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=29118"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=29118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}