{"id":2968,"date":"2018-11-22T12:03:30","date_gmt":"2018-11-22T12:03:30","guid":{"rendered":"http:\/\/itatonline.org\/digest\/gopal-iron-and-steel-co-guj-ltd-v-ito-2018-407-itr-533-guj-hc-editorial-slp-is-granted-to-the-assessee-gopal-iron-and-steel-co-guj-ltd-v-ito-2018-402-itr-29-st\/"},"modified":"2018-11-22T12:03:30","modified_gmt":"2018-11-22T12:03:30","slug":"gopal-iron-and-steel-co-guj-ltd-v-ito-2018-407-itr-533-guj-hc-editorial-slp-is-granted-to-the-assessee-gopal-iron-and-steel-co-guj-ltd-v-ito-2018-402-itr-29-st","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/gopal-iron-and-steel-co-guj-ltd-v-ito-2018-407-itr-533-guj-hc-editorial-slp-is-granted-to-the-assessee-gopal-iron-and-steel-co-guj-ltd-v-ito-2018-402-itr-29-st\/","title":{"rendered":"Gopal Iron And Steel Co. (Guj) Ltd.  v. ITO (2018) 407 ITR 533 (Guj) (HC) Editorial: SLP is granted to the assessee; Gopal Iron And Steel Co. (Guj) Ltd.  v. ITO (2018) 402 ITR 29 ( St)"},"content":{"rendered":"<p>Dismissing the appeal of the assessee the Court held that ; the entire issue was based on appreciation of evidence and material on record. The Assessing Officer after giving reasonable opportunity to the assessee and on the basis of materials collected came to the conclusion that the investors were not genuine and gave detailed reasons for making the addition of the sum under section 68 as unexplained credits in the form of share capital and this was confirmed by the Tribunal being the final fact finding authority. No question of law arose. ( AY.1996 -97)<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.68:Cash credits \u2014 Share capital \u2014 Genuineness of investors in shares were not satisfactorily explained \u2014  Order of Tribunal is affirmed .[ S.260A ]<\/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-2968","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-LS","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2968","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=2968"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2968\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=2968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=2968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=2968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}