{"id":8141,"date":"2014-07-06T22:12:51","date_gmt":"2014-07-06T16:42:51","guid":{"rendered":"http:\/\/itatonline.org\/archives\/?p=8141"},"modified":"2014-07-07T09:05:15","modified_gmt":"2014-07-07T03:35:15","slug":"cit-vs-saurabh-enterprises-allahabad-high-court-s-269ss-269t-is-not-attracted-to-book-entries-not-involving-cash-transactions","status":"publish","type":"post","link":"https:\/\/itatonline.org\/archives\/cit-vs-saurabh-enterprises-allahabad-high-court-s-269ss-269t-is-not-attracted-to-book-entries-not-involving-cash-transactions\/","title":{"rendered":"CIT vs. Saurabh Enterprises (Allahabad High Court)"},"content":{"rendered":"<table width=\"150\" border=\"0\" align=\"right\">\n<tr>\n<td><a href=\"https:\/\/itatonline.org\/archives\/?dl_id=1292\" onclick=\"if (event.button==0) \r\n     setTimeout(function () { window.location = 'http:\/\/itatonline.org\/downloads.php?varname=dl_id=1292&varname2=saurabh_269SS_269T_book_entries.pdf'; }, 100)\" ><strong>Click here to download the judgement (saurabh_269SS_269T_book_entries.pdf) <\/strong> <\/a><\/p><\/td>\n<\/tr>\n<\/table>\n<p><strong><br \/>\nS. 269SS\/ 269T is not attracted to book entries not involving cash transactions<\/strong> <\/p>\n<p>As the transactions of loans &#038; advances were not cash transactions and were merely book entries by way of adjustment entries, there is no violation of Section 269SS\/269T of the Act and no question of levy of penalty u\/s 271D\/ 271E. <\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong><br \/>\nS. 269SS\/ 269T is not attracted to book entries not involving cash transactions<\/strong> <\/p>\n<p>As the transactions of loans &#038; advances were not cash transactions and were merely book entries by way of adjustment entries, there is no violation of Section 269SS\/269T of the Act and no question of levy of penalty u\/s 271D\/ 271E. <\/p>\n<div class=\"read-more\"><a href=\"https:\/\/itatonline.org\/archives\/cit-vs-saurabh-enterprises-allahabad-high-court-s-269ss-269t-is-not-attracted-to-book-entries-not-involving-cash-transactions\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","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":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4,5],"tags":[],"class_list":["post-8141","post","type-post","status-publish","format-standard","hentry","category-all-judgements","category-high-court"],"acf":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/posts\/8141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/comments?post=8141"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/posts\/8141\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/media?parent=8141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/categories?post=8141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/archives\/wp-json\/wp\/v2\/tags?post=8141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}