{"id":1462,"date":"2018-06-24T08:34:40","date_gmt":"2018-06-24T08:34:40","guid":{"rendered":"http:\/\/itatonline.org\/digest\/dayaram-khandelwal-v-pcit-2018-165-dtr-425-302-ctr-441-mp-hc-sourabh-khandelwal-v-pcit-2018-165-dtr-425-302-ctr-441-mp-hc\/"},"modified":"2018-07-29T15:36:13","modified_gmt":"2018-07-29T15:36:13","slug":"dayaram-khandelwal-v-pcit-2018-165-dtr-425-302-ctr-441-mp-hc-sourabh-khandelwal-v-pcit-2018-165-dtr-425-302-ctr-441-mp-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dayaram-khandelwal-v-pcit-2018-165-dtr-425-302-ctr-441-mp-hc-sourabh-khandelwal-v-pcit-2018-165-dtr-425-302-ctr-441-mp-hc\/","title":{"rendered":"Dayaram Khandelwal v. PCIT  (2018) 405 ITR 569 \/ 165 DTR 425 \/  302 CTR 441 (MP) (HC) Sourabh Khandelwal v. PCIT (2018) 165 DTR 425 \/  302 CTR 441 (MP) (HC)"},"content":{"rendered":"<p><em>Dismissing the petition the Court held that ;<\/em>genuine <em>hardship financially or in any manner was not proved by the assessee . On facts long term capital gain was shown as exempt, however in the revised computation the assessee accepted the income \u00a0as income from other sources .Rejection of application was held to be justified .<\/em><em>( AY.2014-15)\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 273A : Penalty \u2013 Commissioner &#8211; Power to reduce or waive -Long term capital gain shown  as exempt in the original was  accepted by filing the revised computation as  income from other sources &#8211; Genuine hardship financially or in any manner was not proved  -Rejection of application was held go be justified [ S. 10(38), 45, 56, 271(1) ( c ),273A((1)(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-1462","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-nA","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1462","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=1462"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1462\/revisions"}],"predecessor-version":[{"id":1882,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1462\/revisions\/1882"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=1462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=1462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=1462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}