{"id":25418,"date":"2022-03-12T15:59:48","date_gmt":"2022-03-12T10:29:48","guid":{"rendered":"https:\/\/itatonline.org\/digest\/abhishek-verma-v-dy-cit-2021-86-itr-460-delhitrib\/"},"modified":"2022-03-12T15:59:48","modified_gmt":"2022-03-12T10:29:48","slug":"abhishek-verma-v-dy-cit-2021-86-itr-460-delhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/abhishek-verma-v-dy-cit-2021-86-itr-460-delhitrib\/","title":{"rendered":"Abhishek Verma v. Dy. CIT (2021) 86 ITR 460 (Delhi)(Trib.)"},"content":{"rendered":"<p>Dismissing the appeal the Tribunal held that the assessee has not given proper\u00a0 explanation as regards the incriminating documents found in the course of search hence the addition is justified. Tribunal also held that\u00a0\u00a0 limitation starts\u00a0 only from date of third panchnama hence the assessment order is\u00a0\u00a0 not barred by limitation. (BP. 1-4-1998 to 23-3-1999)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 158BC : Block assessment-Undisclosed income-Incriminating material was found-Explanation was not satisfactory-Addition was held to be justified-Limitation-Panchnama-Limitation starts  only from date of third panchnama-Not barred by limitation. [S. 158BE] <\/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-25418","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6BY","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25418","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=25418"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25418\/revisions"}],"predecessor-version":[{"id":25419,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25418\/revisions\/25419"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=25418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=25418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=25418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}