{"id":23854,"date":"2022-01-11T12:55:26","date_gmt":"2022-01-11T07:25:26","guid":{"rendered":"https:\/\/itatonline.org\/digest\/renu-proptech-p-ltd-v-acit-2021-190-itd-378-delhitrib\/"},"modified":"2022-01-11T12:55:26","modified_gmt":"2022-01-11T07:25:26","slug":"renu-proptech-p-ltd-v-acit-2021-190-itd-378-delhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/renu-proptech-p-ltd-v-acit-2021-190-itd-378-delhitrib\/","title":{"rendered":"Renu Proptech (P.) Ltd. v. ACIT (2021) 190 ITD 378 (Delhi)(Trib.)"},"content":{"rendered":"<p>Allowing the appeal the Tribunal held that\u00a0 all shareholders were independent assessees and had confirmed transaction of having made investments in assessee and had also filed their respective bank accounts and had explained nature and source of funds in their bank account out of which share subscription including premium was paid to assessee. The Assessing Officer had not doubted share premium of Rs. 490\/ per share as same was supported by valuation report as per Income-tax Rules. Addition was held to be not justified. (AY\u00a0 2016-17)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 68 : Cash credits-Share capital at premium-Valuation report-Real estate-Identity, creditworthiness and genuineness of transactions  was proved-Addition was held to be unjustified. <\/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-23854","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6cK","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23854","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=23854"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23854\/revisions"}],"predecessor-version":[{"id":23855,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23854\/revisions\/23855"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=23854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=23854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=23854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}