{"id":14548,"date":"2020-12-23T09:49:10","date_gmt":"2020-12-23T09:49:10","guid":{"rendered":"https:\/\/itatonline.org\/digest\/keharwani-sheetalaya-sahsaon-v-cit-2020-116-taxmann-com-382-227-taxman-25-all-hc\/"},"modified":"2021-05-06T18:03:39","modified_gmt":"2021-05-06T12:33:39","slug":"keharwani-sheetalaya-sahsaon-v-cit-2020-116-taxmann-com-382-227-taxman-25-all-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/keharwani-sheetalaya-sahsaon-v-cit-2020-116-taxmann-com-382-227-taxman-25-all-hc\/","title":{"rendered":"Keharwani Sheetalaya Sahsaon v. CIT ( 2020) 116 taxmann.com 382 \/ 274  Taxman 25\/191 DTR 339 \/ 315 CTR 815 ( All) (HC)"},"content":{"rendered":"<p>Allowing the appeal the Court held that partners have shown the agricultural income in their personal returns of the past years\u00a0 which had been accepted by the department as such . The partners are all identifiable and separately assessed to tax . The source of investment having been explained , in the event the Assessing Officer was not satisfied\u00a0 the addition could have been considered in the hands of the partners and not in the hands of the firm . Decision in CIT v. Kapur Brothers (1979) 118 ITR 741 (All) (HC) distinguished . ( ITA No. 17 of 2007 dt . 24 -2-2020) (AY. 1999-2000)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 68 : Cash credits \u2013 Firm -Partner- Capital brought in by partner \u2013 Agricultural income -Addition cannot be made in the assessment of the firm .  [ S.2(31) (iv) ]<\/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-14548","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3ME","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14548","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=14548"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14548\/revisions"}],"predecessor-version":[{"id":17661,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14548\/revisions\/17661"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=14548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=14548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=14548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}