{"id":2675,"date":"2018-10-22T11:03:27","date_gmt":"2018-10-22T11:03:27","guid":{"rendered":"http:\/\/itatonline.org\/digest\/dcit-v-anil-kaniya-mum-tribwww-itatonline-org\/"},"modified":"2018-10-22T11:03:27","modified_gmt":"2018-10-22T11:03:27","slug":"dcit-v-anil-kaniya-mum-tribwww-itatonline-org","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dcit-v-anil-kaniya-mum-tribwww-itatonline-org\/","title":{"rendered":"DCIT v. Anil Kaniya ( Mum) (Trib)www.itatonline.org"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Tribunal held that ; purchases of\u00a0 shares in\u00a0 earlier years were not doubted .Shares were\u00a0 sold through DEMAT\u00a0 account. Accordingly the addition cannot be made as cash credits.\u00a0 Burden is on revenue to prove that the transaction is not genuine . ( ITA No 4077\/ Mum\/2013 \u00a0dt.22-03-2016 (AY.2006 07 &amp; 2009-10))<\/p>\n<p><a href=\"https:\/\/drive.google.com\/open?id=1uskg2JBMv-WwFjWuJjveG1XV4ZFwyBv2\"><strong>[Click here to download PDF file]<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.45: Capital gains-  Suspicious transaction in shares- Penny stocks- Purchases of  earlier years were not doubted \u2013 Shares were  sold through DEMAT  account- Addition cannot be made as cash credits- Burden is on revenue .[ S.68 ]<\/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":[1],"tags":[],"class_list":["post-2675","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-H9","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2675","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=2675"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2675\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=2675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=2675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=2675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}