{"id":32025,"date":"2023-01-19T12:32:26","date_gmt":"2023-01-19T07:02:26","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dipakumar-ishwarlal-panchal-2022the-chambers-journal-november-p-80-ahd-trib\/"},"modified":"2023-01-19T12:32:26","modified_gmt":"2023-01-19T07:02:26","slug":"dipakumar-ishwarlal-panchal-2022the-chambers-journal-november-p-80-ahd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dipakumar-ishwarlal-panchal-2022the-chambers-journal-november-p-80-ahd-trib\/","title":{"rendered":"Dipakumar Ishwarlal Panchal ( 2022)The Chamber\u2019s Journal &#8211; November P.80 ( Ahd )( Trib)"},"content":{"rendered":"<p>Allowing the appeal the Tribunal held that when the addition is made under deeming section and the Revenue has not established that the receipt of money over and above consideration , the levy of penalty is not justified . (ITA .No 490\/Ahd \/2020 dt. 31-8 -2022 \u00a0(AY.2006 -07 \u00a0)<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 271(1)(c) : Penalty \u2013 Concealment \u2013 Addition based on stamp valuation \u2013 Deeming section \u2013 Levy of penalty is not valid .[ S. 56(2)(x) ] <\/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-32025","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8kx","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32025","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=32025"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32025\/revisions"}],"predecessor-version":[{"id":32026,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32025\/revisions\/32026"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=32025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=32025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=32025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}