{"id":15685,"date":"2021-03-11T15:23:37","date_gmt":"2021-03-11T09:53:37","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-ajit-ramakant-phatarpekar-2020-429-itr-319-196-dtr-296-bom-hc-pcit-v-neelam-ajit-phatarpekar-2020-429-itr-319-196-dtr-296-bom-hc-5\/"},"modified":"2021-07-04T13:18:48","modified_gmt":"2021-07-04T07:48:48","slug":"pcit-v-ajit-ramakant-phatarpekar-2020-429-itr-319-196-dtr-296-bom-hc-pcit-v-neelam-ajit-phatarpekar-2020-429-itr-319-196-dtr-296-bom-hc-5","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-ajit-ramakant-phatarpekar-2020-429-itr-319-196-dtr-296-bom-hc-pcit-v-neelam-ajit-phatarpekar-2020-429-itr-319-196-dtr-296-bom-hc-5\/","title":{"rendered":"PCIT v. Ajit Ramakant Phatarpekar (2020) 429 ITR 319 \/ 196 DTR 296\/( 2021 ) 277 Taxman 543  (Bom.)(HC) PCIT v. Neelam Ajit Phatarpekar (2020) 429 ITR 319\/196 DTR 296 \/(2021) 277 Taxman 543 (Bom.)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held the department cannot accept rendering of service as genuine and transaction on\u00a0 such basis and also contend that closing stock was undervalued . Deletion of addition is held to be justified.\u00a0 (AY. 2002-03)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 145 : Method of accounting-Valuation of  closing stock-Undervaluation-Deletion of addition is held to be justified.<\/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-15685","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-44Z","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15685","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=15685"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15685\/revisions"}],"predecessor-version":[{"id":19940,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15685\/revisions\/19940"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=15685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=15685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=15685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}