{"id":30024,"date":"2022-10-03T17:45:03","date_gmt":"2022-10-03T12:15:03","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-batliboi-environmental-engineering-ltd-2022-446-itr-238-bom-hc-2\/"},"modified":"2022-10-03T17:45:03","modified_gmt":"2022-10-03T12:15:03","slug":"pcit-v-batliboi-environmental-engineering-ltd-2022-446-itr-238-bom-hc-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-batliboi-environmental-engineering-ltd-2022-446-itr-238-bom-hc-2\/","title":{"rendered":"PCIT v. Batliboi Environmental Engineering Ltd. (2022) 446 ITR 238 (Bom.)(HC)"},"content":{"rendered":"<p>Held, dismissing the appeal the\u00a0 Court held that\u00a0\u00a0 the sales having been accepted it was not necessary that the entire amount should be added to the income of the assessee. The Tribunal was right in upholding the order of the Commissioner (Appeals) directing the Assessing Officer to delete the disallowance made by the Assessing Officer on account of bogus purchases. (AY.\u00a0 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 143(3) : Assessment-Bogus purchases-No rule that entire purchases should be  added-Sales accepted-Disallowance of  12.5 Per Cent. of  purchases  held to be proper. [S. 37(1)]  <\/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-30024","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7Og","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/30024","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=30024"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/30024\/revisions"}],"predecessor-version":[{"id":30025,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/30024\/revisions\/30025"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=30024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=30024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=30024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}