{"id":34784,"date":"2023-06-05T12:57:33","date_gmt":"2023-06-05T07:27:33","guid":{"rendered":"https:\/\/itatonline.org\/digest\/vijay-ramanlal-sanghvi-v-acit-2023-330-ctr-424-146-taxmann-com-55-guj-hc\/"},"modified":"2023-06-05T12:57:33","modified_gmt":"2023-06-05T07:27:33","slug":"vijay-ramanlal-sanghvi-v-acit-2023-330-ctr-424-146-taxmann-com-55-guj-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/vijay-ramanlal-sanghvi-v-acit-2023-330-ctr-424-146-taxmann-com-55-guj-hc\/","title":{"rendered":"Vijay Ramanlal Sanghvi v. ACIT (2023) 330 CTR 424\/ 146 taxmann.com 55 (Guj.)( HC)"},"content":{"rendered":"<p>Where it is was the case of the Assessing Officer \u00a0that the assessee was a beneficiary of accommodation entries to the tune of Rs. 2.1 crore, but however the assessee supplied all documents and information to the AO during the course of assessment proceedings such as bank statement and bank interest, then the AO cannot conduct a roving inquiry when the amount received was admittedly returned. Notice was\u00a0 quashed.(AY. 2011-2012<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.147 :Reassessment \u2013 After the expiry of four years &#8211; Loan -Accommodation entries -Documents produced during assessment proceedings-  No failure to disclose material facts- Notice and order disposing the objection was quashed . [S. 68, 148 , Art , 226 ]<\/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-34784","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-932","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34784","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=34784"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34784\/revisions"}],"predecessor-version":[{"id":34785,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34784\/revisions\/34785"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=34784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=34784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=34784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}