{"id":22398,"date":"2021-10-24T19:27:21","date_gmt":"2021-10-24T13:57:21","guid":{"rendered":"https:\/\/itatonline.org\/digest\/ito-v-nita-jajoo-ventures-pvt-ltd-2021-the-chambers-journal-september-p-76-mum-trib\/"},"modified":"2021-10-24T19:27:21","modified_gmt":"2021-10-24T13:57:21","slug":"ito-v-nita-jajoo-ventures-pvt-ltd-2021-the-chambers-journal-september-p-76-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/ito-v-nita-jajoo-ventures-pvt-ltd-2021-the-chambers-journal-september-p-76-mum-trib\/","title":{"rendered":"ITO v. Nita Jajoo Ventures Pvt Ltd (2021 ) The Chamber\u2019s Journal \u2013 September -P. 76 ( Mum) ( Trib)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Tribunal held that the assessee had provided all the evidences and documents to substantiate the identity of the share holders, credit worthiness and genuineness of the transactions . The investor companies have responded to the notices issued u\/s 133(6 and summons issued u\/s 131 of the Act . \u00a0The Tribunal held that merely on the basis of statement of Shri Shirish C. Shah \u00a0addition cannot be made without giving an opportunity of cross examination . ( ITA No. 2890\/ Mum\/ 2017 dt. 13-8 -2021 ) ( AY. 2012 -13 ) \u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 68 : Cash credits &#8211;  Share application money \u2013Accommodation entries &#8211;  Statement of  Shri Shirish C.Shah &#8211;  Investor companies have responded to the notices issued u\/s 133(6 and summons issued u\/s 131 of the Act &#8211;  Deletion of addition is held to be justified [ S. 131, 132 (4), 133(6) ] <\/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-22398","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5Pg","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22398","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=22398"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22398\/revisions"}],"predecessor-version":[{"id":22399,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22398\/revisions\/22399"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=22398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=22398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=22398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}