{"id":36970,"date":"2023-09-06T13:57:04","date_gmt":"2023-09-06T08:27:04","guid":{"rendered":"https:\/\/itatonline.org\/digest\/rainbow-promoters-p-ltd-v-acit-2022-95-itr-232-delhitrib-2\/"},"modified":"2023-09-06T13:57:04","modified_gmt":"2023-09-06T08:27:04","slug":"rainbow-promoters-p-ltd-v-acit-2022-95-itr-232-delhitrib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/rainbow-promoters-p-ltd-v-acit-2022-95-itr-232-delhitrib-2\/","title":{"rendered":"Rainbow Promoters (P.) Ltd. v. ACIT (2022) 95 ITR 232 (Delhi)(Trib)"},"content":{"rendered":"<p>The Tribunal held that during the search on the third party, certain documents belonged to the third party and some of its group companies were seized, but no document belonged to the assessee were found and seized as the provisions of section\u00a0153C\u00a0were not invoked in the assessee\u2019s case. Therefore, the addition made on account of post-dated cheques interest were to be deleted. (AY.2006-07, 2007-08)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 153C : Assessment-Income of any other person-Search-Interest Paid on post-dated cheques in cash outside books of  account-No documents belonging to assessee was  found and seized-Interest on Post-dated cheques to be deleted. [S. 132] <\/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-36970","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9Ci","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36970","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=36970"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36970\/revisions"}],"predecessor-version":[{"id":36971,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/36970\/revisions\/36971"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=36970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=36970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=36970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}