{"id":37732,"date":"2023-10-16T11:21:16","date_gmt":"2023-10-16T05:51:16","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-enrich-agro-food-products-p-ltd-2023-291-taxman-606-delhihc\/"},"modified":"2024-02-04T06:04:37","modified_gmt":"2024-02-04T00:34:37","slug":"pcit-v-enrich-agro-food-products-p-ltd-2023-291-taxman-606-delhihc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-enrich-agro-food-products-p-ltd-2023-291-taxman-606-delhihc\/","title":{"rendered":"PCIT v. Enrich Agro Food Products (P.) Ltd. (2023)  455 ITR 664  \/291 Taxman 606 (Delhi)(HC)"},"content":{"rendered":"<p>The Hon\u2019ble ITAT has given clear findings about the identity, genuineness and creditworthiness of the investors and also the investors had the capacity to make the investments. The valuation report produced by the assessee\u2019s chartered accountant is conclusive. No substantial question of law arises. Appeal of Revenue was\u00a0 dismissed. (AY.2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 68 : Cash credits-Proved the identity, creditworthiness and genuineness of the transactions-Deletion of addition is justified. [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-37732","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9OA","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/37732","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=37732"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/37732\/revisions"}],"predecessor-version":[{"id":38986,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/37732\/revisions\/38986"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=37732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=37732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=37732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}