{"id":3228,"date":"2018-12-13T09:38:48","date_gmt":"2018-12-13T09:38:48","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-chain-house-international-p-ltd-2018-408-itr-561-mp-hc-pcit-v-rohtak-chain-co-p-ltd-2018-408-itr-561-mp-hc-pcit-v-bhrat-securities-ltd-2018-408-itr-561-mp-hc\/"},"modified":"2019-12-24T05:51:10","modified_gmt":"2019-12-24T05:51:10","slug":"pcit-v-chain-house-international-p-ltd-2018-408-itr-561-mp-hc-pcit-v-rohtak-chain-co-p-ltd-2018-408-itr-561-mp-hc-pcit-v-bhrat-securities-ltd-2018-408-itr-561-mp-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-chain-house-international-p-ltd-2018-408-itr-561-mp-hc-pcit-v-rohtak-chain-co-p-ltd-2018-408-itr-561-mp-hc-pcit-v-bhrat-securities-ltd-2018-408-itr-561-mp-hc\/","title":{"rendered":"PCIT  v.  Chain House International (P.)Ltd.  (2018) 408 ITR 561\/( 2019) 307 CTR 19\/ 174 DTR 97  (MP) (HC) PCIT v. Rohtak Chain Co (P) Ltd (2018) 408 ITR 561 \/( 2019) 307 CTR 19\/174 DTR 97(MP) (HC) PCIT v. Bhrat  Securities Ltd (2018) 408 ITR 561\/( 2019) 307 CTR 19\/174 DTR 97 (MP) (HC).Editorial: SLP of revenue is dismissed ; PCIT v Rohtak Chain Co .( P) Ltd ( 2019) 266 Taxman 459 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that, the assessee has established, identity of creditors, creditworthiness and genuineness of transactions. Accordingly the deletion of addition by the Tribunal is held to be justified.( AY. 2012-13 to 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 68 : Cash credits\u2014Share application and  share  premium- Identity of creditors, creditworthiness and genuineness of transactions established\u2014Addition cannot be made.<\/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-3228","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-Q4","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3228","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=3228"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3228\/revisions"}],"predecessor-version":[{"id":8797,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3228\/revisions\/8797"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}