{"id":32659,"date":"2023-02-10T12:38:45","date_gmt":"2023-02-10T07:08:45","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-suman-agarwal-ms-2022-289-taxman-674-delhihc\/"},"modified":"2023-03-25T14:52:04","modified_gmt":"2023-03-25T09:22:04","slug":"pcit-v-suman-agarwal-ms-2022-289-taxman-674-delhihc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-suman-agarwal-ms-2022-289-taxman-674-delhihc\/","title":{"rendered":"PCIT v. Suman Agarwal (Ms) (2022) 289 Taxman 674 \/(2023)451 ITR 364     (Delhi)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the Revenue the Court held that the Revenue had not placed on record any incriminating material which was found as a result of search conducted on assessee.\u00a0 On date of search, admittedly, assessment with respect to relevant assessment year under consideration stood completed.\u00a0 Therefore, since no assessment was pending for relevant year on date of search and no incriminating material was found during course of search, the Tribunal was justified in deleting the addition.(AY. 2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 153A : Assessment-Search or requisition-Long term capital gains on sale of shares-No incriminating material was found-Merely on the basis of statement of and letter of Managing Director of company-Addition cannot be made. [S. 10(38),  68]<\/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-32659","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8uL","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32659","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=32659"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32659\/revisions"}],"predecessor-version":[{"id":33359,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32659\/revisions\/33359"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=32659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=32659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=32659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}