{"id":28986,"date":"2022-08-02T11:06:33","date_gmt":"2022-08-02T05:36:33","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-overtop-marketing-pvt-ltd-2022-93-itr-132-kol-trib\/"},"modified":"2022-08-02T11:06:33","modified_gmt":"2022-08-02T05:36:33","slug":"acit-v-overtop-marketing-pvt-ltd-2022-93-itr-132-kol-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-overtop-marketing-pvt-ltd-2022-93-itr-132-kol-trib\/","title":{"rendered":"ACIT v. Overtop Marketing Pvt. Ltd. (2022) 93 ITR 132 (Kol.)(Trib.)"},"content":{"rendered":"<p>Held that the assessee has filed income-Tax acknowledgments, audited accounts, long-term investments and bank statements, Permanent Account Numbers and Registered addresses of\u00a0 creditor Companies. Duty of\u00a0 Income-Tax authorities to conduct further enquiry and\u00a0 an opportunity to cross-examine deponents whose statements relied on to draw adverse inference against assessee. Addition was deleted. <em>(<\/em>AY.2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 68 : Cash credits-Unsecured loans-Proved identity creditworthiness  and genuineness of transactions-Relying on statement of third parties without giving an opportunity of cross examinations, additions cannot be made. [S. 131] <\/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-28986","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7xw","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/28986","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=28986"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/28986\/revisions"}],"predecessor-version":[{"id":28987,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/28986\/revisions\/28987"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=28986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=28986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=28986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}