{"id":14550,"date":"2020-12-23T09:51:17","date_gmt":"2020-12-23T09:51:17","guid":{"rendered":"https:\/\/itatonline.org\/digest\/bhimanna-shrinivasa-rao-v-ito-2020-the-chambers-journal-may-p-90-vishakha-trib\/"},"modified":"2020-12-23T09:51:17","modified_gmt":"2020-12-23T09:51:17","slug":"bhimanna-shrinivasa-rao-v-ito-2020-the-chambers-journal-may-p-90-vishakha-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/bhimanna-shrinivasa-rao-v-ito-2020-the-chambers-journal-may-p-90-vishakha-trib\/","title":{"rendered":"Bhimanna Shrinivasa Rao v. ITO ( 2020) The Chamber\u2019s Journal \u2013 May \u2013 P. 90 ( Vishakha) (Trib)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Tribunal held that\u00a0 once the assessee has discharged his burden by placing evidence with respect of gift to his son\u00a0 , the AO is not free to make an addition as cash credit\u00a0 merely because he is not satisfied\u00a0 with the source of the source . (ITA No. 76 \/Viz\/ 2019 dt 4-3 -2020 ) (AY. 2015 -16)<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.68: Cash credits \u2013  Gift received by son- Source of cash deposits were  explained \u2013 Addition cannot be made on the suspicion that source of source is doubtful.<\/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-14550","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3MG","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14550","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=14550"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14550\/revisions"}],"predecessor-version":[{"id":14551,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14550\/revisions\/14551"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=14550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=14550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=14550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}