{"id":1426,"date":"2018-06-23T02:13:08","date_gmt":"2018-06-23T02:13:08","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-s-v-sreenivasan-2018-404-itr-433-mad-hc\/"},"modified":"2018-06-23T02:13:08","modified_gmt":"2018-06-23T02:13:08","slug":"cit-v-s-v-sreenivasan-2018-404-itr-433-mad-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-s-v-sreenivasan-2018-404-itr-433-mad-hc\/","title":{"rendered":"CIT   v.  S. V. Sreenivasan.  (2018) 404 ITR 433 (Mad) (HC)"},"content":{"rendered":"<p>Court held that , the Tribunal is justified in holding that , Addition cannot be made on the basis of returns filed by assess\u2019s wife and other related entities on the basis of valuation reports of departmental Valuer. As\u00a0 regards\u00a0 Diamond found in the course of search addition was held to be justified as the retraction was made after inordinate delay and not supported by any evidence. (BP. 1-4-1995-to 13-9-2001)\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 158BB : Block assessment \u2013 Undisclosed income \u2013Addition cannot be made on the basis of returns filed by assess\u2019s wife and other related entities on the basis of valuation reports of departmental Valuer &#8211; Diamond found in the course of search addition was held to be justified as the retraction was made after inordinate delay and not supported by any evidence.  [ S.132(4) ]<\/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-1426","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-n0","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1426","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=1426"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1426\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=1426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=1426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=1426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}