{"id":17938,"date":"2021-05-10T16:45:17","date_gmt":"2021-05-10T11:15:17","guid":{"rendered":"https:\/\/itatonline.org\/digest\/rmp-holding-p-ltd-v-ito-2020-83-itr-108-206-ttj-1-delhitrib\/"},"modified":"2021-06-29T18:11:29","modified_gmt":"2021-06-29T12:41:29","slug":"rmp-holding-p-ltd-v-ito-2020-83-itr-108-206-ttj-1-delhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/rmp-holding-p-ltd-v-ito-2020-83-itr-108-206-ttj-1-delhitrib\/","title":{"rendered":"RMP Holding P. Ltd. v. ITO (2020) 83 ITR 108 \/ 206 TTJ 1  (UO )(Delhi)(Trib.)"},"content":{"rendered":"<p>Tribunal held that incriminating material found during search\u00a0 the lenders are accommodation entries providers\u00a0 hence reassessment is held to be justified. On merit\u00a0 the assessee\u00a0 failure\u00a0 to prove identity of\u00a0 investor, its creditworthiness and genuineness of\u00a0 transaction\u00a0 accordingly addition Justified. (AY. 2006-07)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 147 : Reassessment-Incriminating material found during search-Accommodation entries-Reassessment is held to be justified-Failure  to prove identity of  investor, its creditworthiness and genuineness of  transaction-Addition Justified.  [S. 68, 148] <\/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-17938","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4Fk","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17938","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=17938"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17938\/revisions"}],"predecessor-version":[{"id":19760,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17938\/revisions\/19760"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=17938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=17938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=17938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}