{"id":34023,"date":"2023-04-22T11:00:11","date_gmt":"2023-04-22T05:30:11","guid":{"rendered":"https:\/\/itatonline.org\/digest\/infrastructure-logistics-p-ltd-v-jcit-2022-196-itd-153-panajitrib-4\/"},"modified":"2024-08-11T19:58:05","modified_gmt":"2024-08-11T14:28:05","slug":"infrastructure-logistics-p-ltd-v-jcit-2022-196-itd-153-panajitrib-4","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/infrastructure-logistics-p-ltd-v-jcit-2022-196-itd-153-panajitrib-4\/","title":{"rendered":"Infrastructure Logistics (P.) Ltd. v. JCIT (2022) 196 ITD 153\/(2023) 223 TTJ 341 (Panaji)(Trib.)"},"content":{"rendered":"<p>Held that onus is cast upon revenue to establish that assessee had during year under consideration obtained some benefit in respect of such trading liability by way of remission or cessation thereof. Order of CIT(A) deleting the addition is affirmed. \u00a0(AY. 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 41(1) : Profits chargeable to tax-Remission or cessation of trading liability-Sundry creditors-Burden is on Revenue-Order of CIT(A) is affirmed.  <\/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-34023","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8QL","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34023","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=34023"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34023\/revisions"}],"predecessor-version":[{"id":45108,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34023\/revisions\/45108"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=34023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=34023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=34023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}