{"id":23250,"date":"2021-12-21T16:57:26","date_gmt":"2021-12-21T11:27:26","guid":{"rendered":"https:\/\/itatonline.org\/digest\/shri-lakshmanan-v-ito-2021-189-itd-499-chennaitrib\/"},"modified":"2021-12-21T16:57:26","modified_gmt":"2021-12-21T11:27:26","slug":"shri-lakshmanan-v-ito-2021-189-itd-499-chennaitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/shri-lakshmanan-v-ito-2021-189-itd-499-chennaitrib\/","title":{"rendered":"Shri Lakshmanan v. ITO (2021) 189 ITD 499 (Chennai)(Trib.)"},"content":{"rendered":"<p>Tribunal held that since assessee agreed for estimation of 3 per cent profit on gross receipts, reasonable profit of 3 per cent on total receipts the estimate was made at 3% to meet ends of justice. (AY. 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 144 : Best judgment assessment-Civil construction-Rejection of books of account-Estimation of 5% of  net profit on gross receipts-Tribunal estimated  at 3%. [S. 145(3)]     <\/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-23250","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-630","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23250","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=23250"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23250\/revisions"}],"predecessor-version":[{"id":23251,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23250\/revisions\/23251"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=23250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=23250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=23250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}