{"id":35208,"date":"2023-08-01T16:42:06","date_gmt":"2023-08-01T11:12:06","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-sanjay-dhokad-2023-150-taxmann-com-362-bomhc\/"},"modified":"2024-02-22T06:43:17","modified_gmt":"2024-02-22T01:13:17","slug":"pcit-v-sanjay-dhokad-2023-150-taxmann-com-362-bomhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-sanjay-dhokad-2023-150-taxmann-com-362-bomhc\/","title":{"rendered":"PCIT v. Sanjay Dhokad [2023] 456 ITR 77\/ 293 Taxman  482   \/150 taxmann.com 362 (Bom)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the Revenue the Court held that where the assessee, engaged in business of civil construction, made certain purchases in course of its business, since assessee had discharged initial burden of proving genuineness of transactions by providing details of parties, and, further, payments for purchases were made through proper banking channels, no addition under section 69C was to be made on account of such purchases. Followed CIT\u00a0v.\u00a0Nikunj Eximp Enterprises (P.) Ltd (2013 ) 35 taxmann.com 394\/ 216 taxman 171 ( Mag)\/ (2015) 372 ITR 619(Bom.). Distinguished, Pr. CIT\u00a0v.\u00a0NRA Iron &amp; Steel (P.) Ltd (2019 ) 103 taxmann.com 48\/ 262 Taxman 74\/ 412 ITR 161 (SC). (AY. 2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 69C : Unexplained expenditure \u2013 Bogus purchases \u2013 Business of civil construction &#8211; Payment through banking channels \u2013 Order of Tribunal deleting the addition was affirmed. [S. 260A] <\/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-35208","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-99S","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35208","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=35208"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35208\/revisions"}],"predecessor-version":[{"id":39456,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35208\/revisions\/39456"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=35208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=35208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=35208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}