{"id":27740,"date":"2022-06-26T22:16:15","date_gmt":"2022-06-26T16:46:15","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-ceigall-india-ltd-2021-209-ttj-85-chd-trib\/"},"modified":"2022-06-26T22:16:15","modified_gmt":"2022-06-26T16:46:15","slug":"acit-v-ceigall-india-ltd-2021-209-ttj-85-chd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-ceigall-india-ltd-2021-209-ttj-85-chd-trib\/","title":{"rendered":"ACIT v. Ceigall India Ltd. (2021) 209 TTJ 85 (Chd.)(Trib.)"},"content":{"rendered":"<p>Tribunal affirmed the order of CIT(A) and held that estimate of net profit at 6. 5 % is proper and when the income is estimated separate addition as unexplained expenditure cannot be made. (AY. 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 144 : Best judgement assessment-Assessing Officer rejected the books of account and estimated the net profit rate of 12%-CIT(A) estimated at 6.5%.-Order of CIT(A) is affirmed-Un explained expenditure-When the income is estimated separate addition as unexplained expenditure cannot be made-Order of CIT(A) is affirmed. [S. 69C, 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-27740","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7dq","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27740","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=27740"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27740\/revisions"}],"predecessor-version":[{"id":27741,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27740\/revisions\/27741"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=27740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=27740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=27740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}