{"id":20492,"date":"2021-07-22T11:36:50","date_gmt":"2021-07-22T06:06:50","guid":{"rendered":"https:\/\/itatonline.org\/digest\/jamuna-vernekar-smt-v-dy-cit-2021-432-itr-146-karn-hc\/"},"modified":"2021-07-22T11:36:50","modified_gmt":"2021-07-22T06:06:50","slug":"jamuna-vernekar-smt-v-dy-cit-2021-432-itr-146-karn-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/jamuna-vernekar-smt-v-dy-cit-2021-432-itr-146-karn-hc\/","title":{"rendered":"Jamuna Vernekar (Smt.) v. Dy.CIT (2021) 432 ITR 146 (Karn.)(HC)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Court held that the amount advanced to share holder for construction\u00a0 of building being commercial transaction\u00a0 the said advance cannot\u00a0 be assessed as deemed dividend. (AY.2007-08)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 2(22)(e): Deemed dividend-Loan to share holder-Commercial transaction-Advance for construction of building-Not assessable as deemed dividend. [S.1150] <\/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-20492","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5kw","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20492","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=20492"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20492\/revisions"}],"predecessor-version":[{"id":20493,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20492\/revisions\/20493"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=20492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=20492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=20492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}