{"id":18659,"date":"2021-05-26T11:48:51","date_gmt":"2021-05-26T06:18:51","guid":{"rendered":"https:\/\/itatonline.org\/digest\/shri-anant-steel-pvt-ltd-v-ito-202185-itr-60-sndelhi-trib-3\/"},"modified":"2021-05-26T11:48:51","modified_gmt":"2021-05-26T06:18:51","slug":"shri-anant-steel-pvt-ltd-v-ito-202185-itr-60-sndelhi-trib-3","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/shri-anant-steel-pvt-ltd-v-ito-202185-itr-60-sndelhi-trib-3\/","title":{"rendered":"Shri Anant Steel Pvt. Ltd. v. ITO (2021)85 ITR 60 (SN)(Delhi) (Trib)"},"content":{"rendered":"<p>Tribunal held that the loan taken from B was received through proper NEFT banking channels ; B was an Income-tax assessee and a relative of the director of the assessee-company ; the cash and bank statements of B along with her Income-tax return, computation of income and balance-sheet showed the genuineness of the transaction ; the assessee was not required to prove the source of the source, the onus being on the Revenue to prove the non-genuineness of the transaction, which they failed to do. The addition was to be deleted.<em> .(<\/em> AY.2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.68: Cash credits &#8211; Loan received through proper banking channel \u2014 Addition is held to be not 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-18659","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4QX","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18659","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=18659"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18659\/revisions"}],"predecessor-version":[{"id":18660,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18659\/revisions\/18660"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=18659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=18659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}