{"id":13063,"date":"2020-10-18T09:51:40","date_gmt":"2020-10-18T09:51:40","guid":{"rendered":"https:\/\/itatonline.org\/digest\/rohit-kumar-jindal-huf-v-ito-2020-81-itr-469chdtrib\/"},"modified":"2021-06-30T06:51:26","modified_gmt":"2021-06-30T01:21:26","slug":"rohit-kumar-jindal-huf-v-ito-2020-81-itr-469chdtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/rohit-kumar-jindal-huf-v-ito-2020-81-itr-469chdtrib\/","title":{"rendered":"Rohit Kumar Jindal (HUF ) v. ITO (2020) 81 ITR 469\/ 208 TTJ 764 (Chd)(Trib)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Tribunal held that The CIT (A) had not doubted the genuineness of the transaction. The only reason for which the CIT(A ) upheld the addition made by the Assessing Officer was that the assessee had not proved the source of numerous deposits in the bank account of the firm.\u00a0 Tribunal also held that\u00a0 Creditor showing very low income not a determinative factor for determining creditworthiness of\u00a0 creditor . ( AY.2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.68 : Cash credits &#8211; Income from undisclosed sources \u2014 Ex parte Assessment \u2014 Loan \u2014Creditor showing very low income not a determinative factor for determining creditworthiness of  creditor \u2014  Addition  held to be  not justified .[ S.144 ]|<\/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":[21],"tags":[],"class_list":["post-13063","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3oH","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13063","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=13063"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13063\/revisions"}],"predecessor-version":[{"id":19769,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13063\/revisions\/19769"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=13063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=13063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=13063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}