{"id":16129,"date":"2021-03-30T19:39:55","date_gmt":"2021-03-30T14:09:55","guid":{"rendered":"https:\/\/itatonline.org\/digest\/brr-india-pvt-ltd-v-ito-2021-the-chambers-journal-march-p-188-bang-trib\/"},"modified":"2021-03-30T19:39:55","modified_gmt":"2021-03-30T14:09:55","slug":"brr-india-pvt-ltd-v-ito-2021-the-chambers-journal-march-p-188-bang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/brr-india-pvt-ltd-v-ito-2021-the-chambers-journal-march-p-188-bang-trib\/","title":{"rendered":"BRR ( India ) Pvt Ltd v. ITO ( 2021) The Chamber\u2019s Journal -March -P.188 (Bang ) (Trib)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Tribunal held that only on the basis of AIR information reflected in Form No 26AS\u00a0 of the assessee\u00a0\u00a0 addition cannot be made . Followed\u00a0 Arati Raman v . DCIT ( ITA No\u00a0 245 \/Bang \/ 2012\u00a0 dt 5-10-2012 ) in which\u00a0 FAQ and press release it has been stated that no addition can be made only on the basis\u00a0 of AIR.\u00a0 On the facts\u00a0 since the assessee reconciled the difference\u00a0 addition made\u00a0 solely on the basis of\u00a0 information reflected \u00a0in AIR was deleted . ( ITA No. 10\/ Bang \/ 2019 dt 20 -2 -2019) ( AY. 2009 -10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 28(i): Business income \u2013 AIR information- Addition cannot be made solely on the basis  of AIR information . [ S.145, From No .26AS  ] <\/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-16129","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4c9","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16129","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=16129"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16129\/revisions"}],"predecessor-version":[{"id":16130,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16129\/revisions\/16130"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=16129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=16129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=16129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}