{"id":18382,"date":"2021-05-17T14:58:37","date_gmt":"2021-05-17T09:28:37","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-arvind-srinivasan-2021-86-itr-84-chennaitrib-2\/"},"modified":"2021-05-17T14:58:37","modified_gmt":"2021-05-17T09:28:37","slug":"acit-v-arvind-srinivasan-2021-86-itr-84-chennaitrib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-arvind-srinivasan-2021-86-itr-84-chennaitrib-2\/","title":{"rendered":"ACIT v. Arvind Srinivasan (2021) 86 ITR 84 (Chennai)(Trib.)"},"content":{"rendered":"<p>Tribunal held that when no incriminating material was found in the course of search ad-hoc disallowance of 50% of expenditure is unsustainable. Additional claim not filed in revised return or revised profit and loss account, Commissioner (Appeals) can direct Assessing Officer to take into consideration. (AY. 2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 153A : Assessment-Search-No incriminating material was found-Ad-hoc disallowance of 50 % of expenditure is unsustainable-Addition claim which was made before the CIT (A),  order of CIT (A)  directing the AO to consider the said claim is held to be valid.  [S. 250]<\/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-18382","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4Mu","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18382","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=18382"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18382\/revisions"}],"predecessor-version":[{"id":18383,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18382\/revisions\/18383"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=18382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=18382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}