{"id":13936,"date":"2020-11-22T04:12:19","date_gmt":"2020-11-22T04:12:19","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dy-cit-v-hind-industries-ltd-202079-itr-1-delhi-trib-2\/"},"modified":"2021-06-08T14:56:23","modified_gmt":"2021-06-08T09:26:23","slug":"dy-cit-v-hind-industries-ltd-202079-itr-1-delhi-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-hind-industries-ltd-202079-itr-1-delhi-trib-2\/","title":{"rendered":"Dy. CIT v. Hind Industries Ltd. (2020)79 ITR 1\/ (2021 ) 186 ITD 272 (Delhi) (Trib)"},"content":{"rendered":"<p>Tribunal held that when the sales are not doubted . quantity tally was furnished\u00a0 and the CIT (A)\u00a0 had given a finding that only 20 per cent. of the purchases were disallowed on account of cash payment which was duly reflected in the books of account of the assessee. Accordingly the addition was not justified. Sanchita Marine Products vs. DCIT (2007) 15 SOT 290 (Mum)\u00a0 (Trib) Balaji Textile Industries Pvt. Ltd. v. ITO(1994) 49 ITD 177 (Mum)( Trib) \u00a0( AY.2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 69C : Unexplained expenditure -Bogus purchases \u2013 Sales not doubted &#8211; Quantitative tally of  purchases of  meat and exports furnished \u2013 Addition is held to be not justified . <\/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-13936","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3CM","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13936","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=13936"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13936\/revisions"}],"predecessor-version":[{"id":19117,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13936\/revisions\/19117"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=13936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=13936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=13936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}