{"id":1461,"date":"2018-06-24T08:33:20","date_gmt":"2018-06-24T08:33:20","guid":{"rendered":"http:\/\/itatonline.org\/digest\/ajay-kappor-v-cit-2018-165-dtr-433-j-k-hc\/"},"modified":"2018-07-22T04:13:10","modified_gmt":"2018-07-22T04:13:10","slug":"ajay-kappor-v-cit-2018-165-dtr-433-j-k-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/ajay-kappor-v-cit-2018-165-dtr-433-j-k-hc\/","title":{"rendered":"Ajay Kappor v.CIT ( 2018) 165 DTR 433 \/ 302 CTR 431\/ 256 Taxman 20( J&#038; K) (HC)"},"content":{"rendered":"<p>Dismissing the petition the Court held that , the Tribunal has applied net profit rate of 10% following the jurisdictional Bench decision in the case of Pooja Construction Company v.CIT ( ITA No.750\/Asr\/1992\u00a0 and not the judgement cited by the assessee in the case of Mohan Singh contractor v.ITO ( ITA No. 59 \/Asr \/2012 . Court held that, Tribunal used jurisdictional discretion which cannot be rectified .( AY.2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 254(2): Appellate Tribunal-Rectification of mistake apparent from the record \u2013Net profit rate at 10% is applied \u2013 Followed the jurisdictional Bench decision and not the judgement cited by the assessee- Tribunal used jurisdictional discretion which cannot be rectified .<\/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-1461","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-nz","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1461","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=1461"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1461\/revisions"}],"predecessor-version":[{"id":1811,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1461\/revisions\/1811"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=1461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=1461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=1461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}