{"id":28990,"date":"2022-08-02T11:07:19","date_gmt":"2022-08-02T05:37:19","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-vishal-paper-industries-pvt-ltd-2022-93-itr-41-chd-trib\/"},"modified":"2022-08-02T11:07:19","modified_gmt":"2022-08-02T05:37:19","slug":"acit-v-vishal-paper-industries-pvt-ltd-2022-93-itr-41-chd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-vishal-paper-industries-pvt-ltd-2022-93-itr-41-chd-trib\/","title":{"rendered":"ACIT v. Vishal Paper Industries Pvt. Ltd. (2022) 93 ITR 41 (Chd.) (Trib.)"},"content":{"rendered":"<p>Held that the\u00a0 assessee furnishing sworn affidavit of\u00a0 sellers, purchase bills, Sales Tax return, Income-Tax returns of\u00a0 parties, Value Added Tax Number of\u00a0 sellers and all payments made through banking channel, identity of\u00a0 party established and genuineness of transactions proved\u00a0 deletion of addition is justified.\u00a0 Assessing Officer making addition on Ad hoc basis without rejecting books of\u00a0 account is not valid. (AY.2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 69C : Unexplained expenditure-Bogus purchases-Books of account not rejected-Identity of party established and genuineness of  transactions proved-Deletion of addition is justified. [S. 145] <\/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-28990","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7xA","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/28990","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=28990"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/28990\/revisions"}],"predecessor-version":[{"id":28991,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/28990\/revisions\/28991"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=28990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=28990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=28990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}