{"id":36116,"date":"2023-08-28T16:45:39","date_gmt":"2023-08-28T11:15:39","guid":{"rendered":"https:\/\/itatonline.org\/digest\/chhattisgarh-metaliks-alloys-pltd-v-ito-2022-220-ttj-99-219-dtr-18-raipurtrib\/"},"modified":"2023-08-28T16:45:39","modified_gmt":"2023-08-28T11:15:39","slug":"chhattisgarh-metaliks-alloys-pltd-v-ito-2022-220-ttj-99-219-dtr-18-raipurtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/chhattisgarh-metaliks-alloys-pltd-v-ito-2022-220-ttj-99-219-dtr-18-raipurtrib\/","title":{"rendered":"Chhattisgarh Metaliks &#038; Alloys (P)Ltd. v. ITO (2022) 220 TTJ 99 \/ 219 DTR 18 (Raipur)(Trib)"},"content":{"rendered":"<p>Held that\u00a0 the\u00a0 additional shares were issued to its existing shareholders on a pro rata basis of their existing shareholding, the provision of section 56(2)(viib) cannot be applied\u00a0 (AY.\u00a0 2015-16)<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 56 : Income from other sources-Share premium-The additional shares of the assessee-company were issued and allotted on a pro rata basis to the existing shareholders-Addition is not justified. [S. 56(2)(viib)] <\/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-36116","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9ow","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36116","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=36116"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36116\/revisions"}],"predecessor-version":[{"id":36117,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36116\/revisions\/36117"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=36116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=36116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=36116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}