{"id":17731,"date":"2021-05-09T17:59:33","date_gmt":"2021-05-09T12:29:33","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-chekkattu-chitty-funds-2020-113-taxmann-com-604-ker-hc-editorial-slp-of-assessee-dismissed-chekkattu-chitty-funds-v-cit-2020-113-taxmann-com-606-269-taxman-373-sc\/"},"modified":"2021-05-09T17:59:33","modified_gmt":"2021-05-09T12:29:33","slug":"cit-v-chekkattu-chitty-funds-2020-113-taxmann-com-604-ker-hc-editorial-slp-of-assessee-dismissed-chekkattu-chitty-funds-v-cit-2020-113-taxmann-com-606-269-taxman-373-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-chekkattu-chitty-funds-2020-113-taxmann-com-604-ker-hc-editorial-slp-of-assessee-dismissed-chekkattu-chitty-funds-v-cit-2020-113-taxmann-com-606-269-taxman-373-sc\/","title":{"rendered":"CIT v. Chekkattu Chitty Funds (2020) 113 taxmann.com 604 (Ker) (HC) Editorial: SLP of assessee dismissed , Chekkattu Chitty Funds v. CIT (2020) 113 taxmann.com 606 \/ 269 Taxman 373 (SC)"},"content":{"rendered":"<p>Assessee and revenue filed appeals against the order of Tribunal\u00a0 in respect and addition and also challenging the validity of the search proceeding \u00a0. Tribunal up held the addition\u00a0 though the name of the assessee was not mentioned in the search warrant \u00a0on the ground that the assessee\u00a0 \u00a0was physically present at premises of firm when search was conducted \u00a0and he was actively involved in affairs of firm and continued to manage its affairs . Tribunal also noticed that materials were seized from premises, which would substantiate allegations made against assessee firm, so as to proceed against firm under provisions of Act . \u00a0Tribunal \u00a0upheld validity of search proceedings \u00a0and also certain additions . \u00a0(AY. 1992 -93, 1993 -94 )<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.132: Search and  Seizure &#8211;  Firm \u2013 Person actively involved in the activities of the firm \u2013 Search is held to be  valid \u2013 Order of  Tribunal is affirmed .  [ S.40A(3), 68 )<\/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-17731","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4BZ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17731","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=17731"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17731\/revisions"}],"predecessor-version":[{"id":17732,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17731\/revisions\/17732"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=17731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=17731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=17731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}