{"id":20891,"date":"2021-08-05T18:16:20","date_gmt":"2021-08-05T12:46:20","guid":{"rendered":"https:\/\/itatonline.org\/digest\/abhijavala-developers-p-ltd-v-ito-2021-187-itd-222-mum-trib\/"},"modified":"2021-08-05T18:16:20","modified_gmt":"2021-08-05T12:46:20","slug":"abhijavala-developers-p-ltd-v-ito-2021-187-itd-222-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/abhijavala-developers-p-ltd-v-ito-2021-187-itd-222-mum-trib\/","title":{"rendered":"Abhijavala Developers (P.) Ltd. v. ITO (2021) 187 ITD 222 (Mum.)(Trib.)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Tribunal held that the assessee had furnished all documentary evidences such as copy of confirmation of accounts by lender\/investor, copy of PAN Card, bank statement, ITR acknowledgement and copy of financial statements of all investor\/lender entities,all\u00a0 six entities had filed their return of income after paying taxes.\u00a0 They had also duly confirmed transactions carried out with assessee.\u00a0 All funds were transferred to assessee through proper banking channels and there was no immediate cash deposits in their\u00a0 accounts. Addition is held to be not justified. (AY. 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 68 : Cash credits-Share capital-Established identity and creditworthiness by filing copy of confirmation of accounts, copy of PAN card, bank statement ITR acknowledgement and financial statements-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-20891","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5qX","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20891","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=20891"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20891\/revisions"}],"predecessor-version":[{"id":20892,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/20891\/revisions\/20892"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=20891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=20891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=20891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}